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254 Brant Avenue Brantford, Ontario N3T 3J5

3 Bedroom 5 Bathroom 3467 sqft
Central Air Conditioning Forced Air

$1,100,000

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:53271)

Property Details

MLS® Number 40668634
Property Type Multi-family
Neigbourhood Holmedale
AmenitiesNearBy Hospital
CommunityFeatures High Traffic Area
Features Paved Driveway
ParkingSpaceTotal 7

Building

BathroomTotal 5
BedroomsTotal 3
Appliances Window Coverings
BasementDevelopment Unfinished
BasementType Partial (unfinished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3467 Sqft
Type Fourplex
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Hospital
Sewer Municipal Sewage System
SizeFrontage 63 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C4

https://www.realtor.ca/real-estate/27595062/254-brant-avenue-brantford

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