3207 sqft
Fully Air Conditioned
Forced Air
$1,049,900
$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. **** EXTRAS **** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. (id:50617)
Business
BusinessType
|
Residential |
BusinessSubType
|
Apartments |
Property Details
MLS® Number
|
X9260914 |
Property Type
|
Multi-family |
Building
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Electric |
HeatingType
|
Forced Air |
SizeInterior
|
3207 Sqft |
Type
|
Multi-family |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
SizeDepth
|
64 Ft |
SizeFrontage
|
92 Ft |
SizeIrregular
|
Unit=92 X 64 Ft |
SizeTotalText
|
Unit=92 X 64 Ft |
ZoningDescription
|
Rc |
https://www.realtor.ca/real-estate/27308334/44-mary-street-brantford