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. **** EXTRAS **** 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
Single Family
Type of Dwelling
Fourplex
Area
Ontario
Sub-Area
Brantford
Bedrooms
4
Bathrooms
4
Floor Area
2,000 Sq. Ft.
Lot Size
41.7 x 188.1 FT Sq. Ft.
MLS® Number
X11895365
Listing Brokerage
EXP REALTY
Basement Area
Full
Postal Code
N3R1G6
Zoning
RC OS1
Site Influences
Hospital, Park, Public Transit, Schools, Place of Worship
