Build Wealth with this High-Performing Income Property! A solid all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44'6" x 28'6" detached garage/workshop, a wraparound covered front porch, two driveways, and plenty of parking. This income-producing powerhouse has 3,941sq.ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or upon request. Whether you're growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Book a private viewing for this lucrative investment property! (id:13843)
| MLS # | 40827612 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1900 |
| Days On Site | 122 |
| Listing Provided By | Re/Max Twin City Realty Inc | Terry Summerhays |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,941 |
| Garage | 13 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | NLR (F9 A270 C40) |
| Acreage | 0.25 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Lot Features | Crushed stone driveway |
|---|---|
| Foundation Details | Stone |
| Fencing | Partially fenced |
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 13 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 6141.17 |
|---|
| Province | ON |
|---|---|
| City | Brantford |
| Postal Code | N3S4B7 |
| Community Name | 2045 East Ward |
| Listing VS Median (in 2045 East Ward) | |
Price: $649,900 low | high Med: $429,919 sqft: 3,941 low | high Med: 727 $ / sqft: $165 low | high Med: $591 On site: 122 low | high Med: 18 | |
| Province | ON |
|---|---|
| City | Brantford |
| Postal Code | N3S4B7 |
| Community Name | 2045 East Ward |
| Listing VS Median (in 2045 East Ward) | |
Price: $649,900 low | high Med: $429,919 sqft: 3,941 low | high Med: 727 $ / sqft: $165 low | high Med: $591 On site: 122 low | high Med: 18 | |