44 Mary Street Active

Brantford,ON N3S 3B1

$ 1049900

0 Bed

- Bath

3207 SqFt


Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 3,207 sqft

Price per Sqft $327

MLS Listing ID 40634770

Abv Grd Liv Area 3,207

Originating Board Mississauga

Annual Tax Amount $4,597

Property Description

$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability.

Location

Province ON

County Brantford

Area 2040 - Terrace Hill/E & N Wards

Zoning rc

Direction Corner of Mary and Peel

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Waterfront No

Lot Frontage 91.66

Lot Depth 64.0

Garage No

Building

Lot Description Ample Parking,Schools

Faces Corner of Mary and Peel

Story 2

Foundation Concrete Block,Stone

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 321050190

Ownership Freehold/None

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