254 Brant Avenue Brantford, Ontario N3T 3J5
$999,900
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 $3109.00. Upstairs, three updated 1 bedroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross monthly income $76,728.00. 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 $60,567.86. Cap rate 6.1%. Beautifully maintained, fully leased mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances in the rear and on the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady income stream and make this a great investment. This building is in pristine condition and would make an excellent addition to your property portfolio. (id:50886)
Property Details
MLS® Number | 40714263 |
Property Type | Other |
Amenities Near By | Hospital |
Community Features | High Traffic Area |
Features | Paved Driveway |
Parking Space Total | 7 |
Building
Basement Type | Partial |
Exterior Finish | Brick |
Foundation Type | Block |
Stories Total | 2 |
Size Exterior | 3467.0000 |
Size Interior | 3,467 Ft2 |
Utility Water | Municipal Water |
Land
Acreage | No |
Land Amenities | Hospital |
Sewer | Municipal Sewage System |
Size Frontage | 63 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C4 |
https://www.realtor.ca/real-estate/28132908/254-brant-avenue-brantford
Contact Us
Contact us for more information
Lance Calbeck
Salesperson
(519) 753-1603
766 Colborne Street East
Brantford, Ontario N3S 3S1
(519) 753-7311
(519) 753-1603
www.royallepage.ca/actionrealty
William Austin
Salesperson
(519) 753-1603
766 Colborne Street East
Brantford, Ontario N3S 3S1
(519) 753-7311
(519) 753-1603
www.royallepage.ca/actionrealty