152 Terrace Hill Street, Brantford, ON N3R 1G6

Brantford N3R 1G6 Ontario

MLS: X11895372

$1,150,000

Added 55 days ago | For Sale

Listed by: EXP REALTY

About Property

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. **EXTRAS** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 41.72 X 188.08
  • Water:Municipal
  • Garage Spaces: /Single Detached
  • Driveway:
  • Heating Fuel:
  • Cross Street:West St/Terrace Hill St.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $4085
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X11895372

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