ON > Brantford
Brantford, ON N3S 5H4,85 Park Avenue
Brantford, ON N3S 5H4,85 Park Avenue
Brantford, ON N3S 5H4,85 Park Avenue
38
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Listed by Mike Cruz • Royal LePage Brant Realty
$1,000,000
Est. payment /mo
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8 BD
3,012 SqFt
Active

85 Park Avenue Brantford, ON N3S 5H4

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Diana Winger

Diana Winger

+1(226) 705-3369

UPDATED:

11/05/2024 06:56 PM

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

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Diana Winger

Agent | License ID: BRBM2358

+1(226) 705-3369

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85 Park Avenue