44 Mary ST Active

Brantford,ON N3S 3B1

$ 1049900

7 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X11895246

Style 2-Storey

Bedrooms 7

Building Age 100+

Annual Tax Amount $4,597

Tax Year 2023

Property Sub-Type Fourplex

Property Description

$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **EXTRAS** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.

Location

Province ON

County Brantford

Area Brantford

Zoning RC

Rooms

Basement Full,Partially Finished

Kitchen 4

Interior

Interior Features Water Heater Owned

Cooling Other

Inclusions See Schedule B

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 8

Building

Foundation Concrete,Stone

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