$1,100,000

Investment For Sale In Echo Place, Brantford, Ontario

$1,100,000

Property Information:

First time available since 1987! This easy to rent building has been owned and managed by the same family. Located in the Grey Street extention area where tenants have access to bus service, schools and easy access to #403. Unit 1 has been completely renovated ($70,000 to complete.) This unit will be left vacant so that new owner can set the rent and find a great tenant. This property could also be a perfect start for a buyer to live in the beautiful new apartment and have the income from the others to offset mortgage payments. The other three units have long term, good tenants. There is a fifth area which could be utilized in the lower level. All tenants have one storage locker in lower level by laundry area.. Coin operated laundry in lower. Machines owned by seller. All separate utilities and tenants pay all their own costs including water heater rentals. Owners pay for water and common area electricity. New roof 2015. Paved parking for all units at the rear. Storage sheds for all tenants for garbage. Visitor parking as well.

Inclusions: Carbon Monoxide Detector

Building Features:

  • Floor Space: 3600 Square Feet

Property Features:

  • Bedrooms: 8
  • Accessibility Features: Multiple Entrances, Parking
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Unfinished
  • Cooling: None
  • Driveway Parking: Private Drive Triple+ Wide, Visitor Parking
  • Exterior Features: Separate Hydro Meters
  • Floor Space (approx): 3600 Square Feet
  • Heating: Baseboard
  • Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: Coin Operated, Shared
  • Lot Depth: 124.23 Feet
  • Lot Features: Rectangular, Public Transit, Quiet Area, Schools
  • Lot Frontage: 80.36 Feet
  • Parking Features: Asphalt, Inside Entry, Guest
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: R4A-36
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: Century 21 Heritage Group Ltd

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