Property Information:
Investors Dream! Welcome to 127 West Street, a turnkey, cash-flowing legal duplex with a third unit in the heart of Brantford! This fully rented property generates $3,715/month ($44,580/year) in gross rental income, making it a profitable addition to any investors portfolio. The property features three self-contained units: a 1-bedroom bachelor suite, a spacious 2-bedroom unit, and another 1-bedroom side unit, all with market rents in place. Additional coin laundry income further boosts cash flow! With a solid Net Operating Income of approx. $36,590/year, this property offers strong returns in a market where positive cash flow is rare. Tenants pay utilities, keeping expenses manageable. Located in a growing rental market, with proximity to amenities, transit, and major highways, 127 West St is a turnkey investment opportunity that wont last long. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Duplex
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Air Conditioning:
Yes
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Basement Development:
Unfinished
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Basement Type:
N/A
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Exterior Finish:
Aluminum siding, Brick
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Floor Space:
1500 - 2000 sqft
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Foundation Type:
Stone
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Heating Type:
Radiant heat
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Heating Fuel:
Electric
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Cooling Type:
Wall unit