Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcomeaddition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a familymember. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front(w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units includeseparate hydro meters & are uniquely connected at the interior basement level also maintaining separate hotwater heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear)while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down.This property offers plenty of upside with the ability to consider building out a garage suite or to convert themain house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing assetwith ADU upside potential in a declining interest rate environment where rental rates are stable and graduallyclimbing! Property is a must see! (id:4069)
Address |
254 DARLING STREET |
List Price |
$524,900 |
Property Type |
Single Family |
Type of Dwelling |
House |
Area |
Ontario |
Sub-Area |
Brantford |
Bedrooms |
4 |
Bathrooms |
2 |
Floor Area |
1,500 Sq. Ft. |
Lot Size |
29.8 x 132 FT Sq. Ft. |
MLS® Number |
X9419818 |
Listing Brokerage |
REVEL REALTY INC.
|
Basement Area |
N/A (Unfinished) |
Postal Code |
N3R0A2 |
Features |
In-Law Suite |
Amenities |
Separate Electricity Meters |