$ 880,000
415 CHATHAM Street Brantford, ON N3S4J4
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$ 880,000
Est. payment | /mo
6 Beds
3 Baths
2,604 SqFt
$ 880,000
Est. payment | /mo
6 Beds
3 Baths
2,604 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,604 sqft
Price per Sqft $337
Subdivision 2050 - Echo Place
MLS® Listing ID 40661920
Bedrooms 6
Originating Board Brantford Regional Real Estate Assn Inc
Year Built 1965
Property Description
CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. You don’t want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades. (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters, Radiant heat
Cooling None
Exterior
Garage No
Fence Fence
Community Features Quiet Area
Waterfront No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Revel Realty Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "