152 Terrace Hill Street Brantford, Ontario N3R 1G6
$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:50886)
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
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Jake Nicolle
Salesperson
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September 04 2024 04:48:48
Toronto Real Estate Board
Exp Realty