254 Brant Avenue Brantford, Ontario N3T 3J5
$1,100,000
Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $750.00, $1450.00. Gross income $73,908.00, Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (id:50886)
Property Details
| MLS® Number | 40668634 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital |
| CommunityFeatures | High Traffic Area |
| Features | Paved Driveway |
| ParkingSpaceTotal | 7 |
Building
| BathroomTotal | 5 |
| BedroomsTotal | 3 |
| Appliances | Window Coverings |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3467 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital |
| Sewer | Municipal Sewage System |
| SizeFrontage | 63 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C4 |
https://www.realtor.ca/real-estate/27595062/254-brant-avenue-brantford
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Lance Calbeck
Salesperson
766 Colborne Street East
Brantford, Ontario N3S 3S1
William Austin
Salesperson
766 Colborne Street East
Brantford, Ontario N3S 3S1
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October 30 2024 12:21:07
Brantford Regional Real Estate Assn Inc
Royal LePage Action Realty