3644 sqft
$1,100,000
Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $750.00, $1450.00. Gross income $73,908.00, Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (id:50976)
Property Details
|
MLS® Number
|
40654678 |
|
Property Type
|
Office |
|
Community Features
|
High Traffic Area |
Building
|
Basement Type
|
Partial |
|
Constructed Date
|
1855 |
|
Exterior Finish
|
Brick |
|
Stories Total
|
2 |
|
Size Exterior
|
3644.0000 |
|
Size Interior
|
3644 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
68 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
C4 |
https://www.realtor.ca/real-estate/27595063/254-brant-avenue-brantford
