9 Bedroom
4 Bathroom
3,500 - 5,000 ft2
None
Other
$1,199,900
Welcome to this well-maintained, fully tenanted purpose-built 4-plex offering a solid investment opportunity in a highly convenient location close to transit, schools, parks, shopping, and everyday amenities. This property features a desirable unit mix of three spacious 2-bedroom apartments and one generous 3-bedroom unit, appealing to a wide range of tenants. Each unit is thoughtfully laid out and includes a 4 pc bathroom, full kitchen, living room, a balcony providing valuable outdoor space, along with a large dedicated locker located in the basement for added storage. Tenants enjoy the convenience of an onsite laundry room equipped with token-operated washer and dryer, generating additional income for the owner. Operational efficiency is enhanced with each unit having its own hot water tank rental, allowing for simplified utility management. The building also offers additional basement storage space reserved for landlord use, ideal for maintenance supplies or equipment. A rear parking lot provides ample parking for up to 8 vehicles, a significant asset for tenant retention and overall appeal. The property has been well cared for, reflecting pride of ownership and minimizing immediate capital expenditures for the next owner. Ideally situated in an established neighbourhood, this turnkey investment presents stable cash flow and a compelling opportunity for investors seeking a low-maintenance, income-producing property. (id:50976)
Property Details
|
MLS® Number
|
X12783188 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Park, Public Transit, Schools |
|
Community Features
|
Community Centre, School Bus |
|
Equipment Type
|
Water Heater - Electric, Water Heater |
|
Features
|
Irregular Lot Size |
|
Parking Space Total
|
8 |
|
Rental Equipment Type
|
Water Heater - Electric, Water Heater |
|
Structure
|
Porch, Shed |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
9 |
|
Bedrooms Total
|
9 |
|
Age
|
51 To 99 Years |
|
Appliances
|
Water Meter, Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Heating Type
|
Other |
|
Stories Total
|
2 |
|
Size Interior
|
3,500 - 5,000 Ft2 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Park, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
149 Ft |
|
Size Frontage
|
80 Ft |
|
Size Irregular
|
80 X 149 Ft |
|
Size Total Text
|
80 X 149 Ft|under 1/2 Acre |
|
Zoning Description
|
Nlr - 5 |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29354252/128-ninth-avenue-brantford