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). Turnovers would 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 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters (id:4069)
Address
152 TERRACE HILL Street
List Price
$1,150,000
Property Type
Office
Area
Ontario
Sub-Area
Brantford
Floor Area
2,115 Sq. Ft.
Year Built
1890
MLS® Number
40684742
Listing Brokerage
EXP REALTY OF CANADA INC
Basement Area
Full
Postal Code
N3R1G6
Zoning
RC OS1
Site Influences
Hospital, Public Transit, Schools
Features
Southern exposure
