$1,049,900
44 Mary Street, Brantford, ON N3S 3B1
, Brantford,
Properties with this icon are courtesy of
TRREB.
$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **EXTRAS** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.
- HoldoverDays: 90
- Architectural Style: 2-Storey
- Property Type: Residential Freehold
- Property Sub Type: Fourplex
- DirectionFaces: North
- Tax Year: 2023
- Parking Features: Private
- ParkingSpaces: 8
- Parking Total: 8
- WashroomsType1: 1
- WashroomsType1Level: Second
- WashroomsType2: 1
- WashroomsType2Level: Second
- WashroomsType3: 1
- WashroomsType3Level: Main
- WashroomsType4: 1
- WashroomsType4Level: Main
- BedroomsAboveGrade: 7
- Interior Features: Water Heater Owned
- Basement: Full, Partially Finished
- Cooling: Other
- HeatSource: Electric
- HeatType: Heat Pump
- ConstructionMaterials: Brick
- Roof: Asphalt Shingle
- Sewer: Sewer
- Foundation Details: Concrete, Stone
- Parcel Number: 321050190
- LotSizeUnits: Feet
- LotDepth: 64
- LotWidth: 92
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