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:4069)
| Address |
254 BRANT Avenue |
| List Price |
$1,100,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
Brantford |
| Bedrooms |
3 |
| Bathrooms |
5 |
| Floor Area |
3,467 Sq. Ft. |
| MLS® Number |
40668634 |
| Listing Brokerage |
Royal LePage Action Realty
|
| Basement Area |
Partial (Unfinished) |
| Postal Code |
N3T3J5 |
| Zoning |
C4 |
| Site Influences |
Hospital |
| Features |
Paved driveway |
