$6,995,000

Investment For Sale In Terrace Hill, Brantford, Ontario

$6,995,000

Property Information:

Fully renovated 24-unit, six storey apartment building with market rents. This building has been turned over with 21 of the units fully renovated with upgrades including a full electrical upgrade with separately metered hydro in every unit. Ductless spilts providing heat and air-conditioning. Also secondary heat in all rooms with electrical baseboard. All 21 of the renovated units have brand new kitchens and stainless steel appliances. Quartz counter tops, designer backsplash, new flooring , paint, lighting, paint, all new doors and fully renovated bathrooms. the underground garage features a heated driveway, remote entry and rentable spots. All common areas have new flooring, baseboards, lights and security cameras installed throughout. The elevator is frequently maintained and has been completely remodelled inside. Added income with coin operated laundry and over 20 extra storage units built for tenants. Additional annual income form Rogers with cellular towers on top of building. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 18298 Square Feet
  • Heating Type: Baseboard heaters
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Features: Elevator
  • Floor Space (approx): 18298.00 Square Feet
  • Irregular: Yes
  • Lot Size: Bldg=122.32 x 157.39 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 24

Courtesy of: ELITE CHOICE REALTY, THE REALTY FIRM INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.