171 NELSON Street, Brantford, ON N3S4B7
171 NELSON Street, Brantford, ON N3S4B7
171 NELSON Street, Brantford, ON N3S4B7
171 NELSON Street, Brantford, ON N3S4B7
171 NELSON Street, Brantford, ON N3S4B7
171 NELSON Street, Brantford, ON N3S4B7
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 649,900
Est. payment | /mo

10 Beds

4 Baths

3,941 SqFt


$ 649,900
Est. payment | /mo

10 Beds

4 Baths

3,941 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3941

Square Footage 3,941 sqft

Price per Sqft $164

Subdivision 2045 - East Ward

MLS® Listing ID 40827612

Bedrooms 10

Year Built 1900

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Freehold

Property Description

Build Wealth with this High-Performing Income Property! An impressive all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44'6” x 28'6” detached garage/workshop, a wraparound covered front porch, and plenty of parking. This outstanding 3,941sq.ft. income-producing powerhouse generates over $100,000 in annual rental income and a fantastic 12.27% cap rate. The rental income is as follows: Basement Unit: $1,350/month + hydro; Main Floor Unit: $2,200/month all-inclusive; 2nd Floor Unit: $2,750/month all-inclusive; Attic Unit: $1,500/month + hyrdo(tenant recently vacated and it was left vacant by the current owner so the new owner can choose their own tenant and rent at the market rate). The financials for the property are attached to the MLS listing for your realtor to access for you and a copy is also available upon request. Whether you're growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Don't miss out on this lucrative investment property! Book a viewing today! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling None

Exterior

Parking Features Yes

Fence Partially fenced

Community Features Quiet Area

View Y/N No

Attached Garage No

Total Parking Spaces 13

Garage Yes

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Re/Max Twin City Realty Inc

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171 NELSON Street