2115 sqft
Fully Air Conditioned
Other
$1,150,000
RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro,Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnoverswould simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property,meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus routes, plus easy access to HWY 403, ideal for commuters. **** EXTRAS **** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:50617)
Business
BusinessType
|
Residential |
BusinessSubType
|
Apartments |
Property Details
MLS® Number
|
X9258096 |
Property Type
|
Multi-family |
Building
Appliances
|
Dryer, Range, Refrigerator, Stove, Washer, Window Coverings |
CoolingType
|
Fully Air Conditioned |
HeatingType
|
Other |
SizeInterior
|
2115 Sqft |
Type
|
Multi-family |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
SizeDepth
|
188 Ft |
SizeFrontage
|
41 Ft ,8 In |
SizeIrregular
|
Unit=41.72 X 188.08 Ft |
SizeTotalText
|
Unit=41.72 X 188.08 Ft |
ZoningDescription
|
Rc,os1 |
https://www.realtor.ca/real-estate/27300982/152-terrace-hill-street-brantford