85 Park Avenue Active Save Request In-Person Tour Request Virtual Tour
Brantford,ON N3S 5H4
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,012 sqft
Price per Sqft $332
MLS Listing ID 40640971
Bedrooms 8
Abv Grd Liv Area 3,012
Originating Board Brantford
Annual Tax Amount $5,682
Property Description
This legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro allowing for minimal expenses to the property owner and very strong cashflow. This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list.
Location
Province ON
County Brantford
Area 2040 - Terrace Hill/E & N Wards
Zoning RC
Direction Right on Mary to Park Avenue, Property will be on the left.
Rooms
Basement Full,Finished
Kitchen 0
Interior
Interior Features Other
Heating Radiator
Cooling None
Fireplace No
Laundry None
Exterior
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 33.0
Lot Depth 108.9
Garage No
Building
Lot Description Other
Faces Right on Mary to Park Avenue, Property will be on the left.
Story 3
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 321030052
Ownership Freehold/None