3207 sqft
$1,049,900
$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. (id:50787)
Property Details
MLS® Number
|
40634770 |
Property Type
|
Office |
Amenities Near By
|
Schools |
Parking Space Total
|
8 |
Building
Basement Type
|
Full |
Exterior Finish
|
Brick |
Foundation Type
|
Block |
Stories Total
|
2 |
Size Exterior
|
3207.0000 |
Size Interior
|
3207 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Schools |
Sewer
|
Municipal Sewage System |
Size Depth
|
64 Ft |
Size Frontage
|
92 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
Rc |
https://www.realtor.ca/real-estate/27308111/44-mary-street-brantford