40668634 | 254 BRANT Avenue

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254 BRANT Avenue
Brantford Ontario , N3T3J5 , Canada

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$1,100,000.00

MLS® 40668634

Investment

Lot Frontage:	63.0 Feet
No. of Parking Spaces:	7
Total Bedrooms:	3
Total Bathrooms:	5
Zoning:	C4

Remarks:

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:7526)

Property Features:

Amenities Nearby: Hospital
Community Features: High Traffic Area
Features: Paved driveway
OwnershipType: Freehold
Property Type: Multi-family
Sewer: Municipal sewage system

Building Features:

Appliances: Window Coverings
Basement Development: Unfinished
Basement Type: Partial
Building Type: Fourplex
Cooling Type: Central air conditioning
Exterior Finish: Brick
Foundation Type: Block
Heating Fuel: Natural gas
Heating Type: Forced air

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