$934,900

Investment For Sale In Echo Place, Brantford, Ontario

$934,900

Property Information:

CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. You don’t want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades.

Inclusions: Hot Water Tank Owned,Fridge X3, Stove X3, Dishwasher X3, Washer X3, Dryer X3

Exclusions : All Tenant Belongings

Building Features:

  • Floor Space: 1736 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Walk-Out Access, Full, Finished
  • Built in: 1965
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Fencing: Full
  • Floor Space (approx): 1736 Square Feet
  • Heating: Baseboard, Radiant
  • Interior Features: Separate Heating Controls
  • Laundry Features: In-Suite
  • Lot Depth: 126 Feet
  • Lot Features: Park, Quiet Area, Schools, Shopping Nearby
  • Lot Frontage: 50.00 Feet
  • Other Structures: Shed(s)
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R1C
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: Revel Realty Inc

Data provided by: Brantford Regional Real Estate Association Inc. 106 George Street, Brantford, Ontario N3T 2Y4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved