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Listed by Jake Nicolle • EXP REALTY OF CANADA INC
$1,049,900
Est. payment /mo
3,207 SqFt
Active
44 Mary Street Brantford, ON N3S 3B1
UPDATED:
09/26/2024 04:21 PM
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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