$ 1,000,000
85 PARK Avenue Brantford, ON N3S5H4
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$ 1,000,000
Est. payment | /mo
8 Beds
3,012 SqFt
$ 1,000,000
Est. payment | /mo
8 Beds
3,012 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,012 sqft
Price per Sqft $332
Subdivision 2040 - North Park/Wood St.
MLS® Listing ID 40640971
Bedrooms 8
Originating Board Brantford Regional Real Estate Assn Inc
Property Description
This legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro allowing for minimal expenses to the property owner and very strong cashflow. This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list. (id:24570)
Location
Province ON
Interior
Cooling None
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 1
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Brant Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "