5 Bedroom
4 Bathroom
2,731 ft2
None
Forced Air
$689,000
Fully tenanted 4-plex in the heart of Brantford presents a strong investment opportunity with multiple revenue streams. In addition to the 4 rental units, the property includes a 749 sqft. detached garage generating extra revenue as storage to 1 tenant. The property has a wide 100ft frontage providing for a possible severance zoned to accommodate a semi-detached building. This could possibly create 4 additional units. The garage has its own electricity meter and gas for heat and is also able to finished into another residential unit. The house has 4 rental units: Three 1-bedroom/1-bath and one 2-bedroom+ den/1-bath. The building has Coin-operated laundry facilities and ample parking for tenants having enough room for 20+ vehicles. Gas furnace provides heating while 3 water heaters service the different units. Another key factor of this property is the opportunity to rezone all of it- if you were to demolish the building the zoning would change from the grandfathered residential into commercial. With its combination of residential income and commercial/development potential, this property is a perfect addition to any investment portfolio. (id:50976)
Property Details
|
MLS® Number
|
40854400 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Airport, Hospital, Park, Public Transit, Schools, Shopping |
|
Features
|
Crushed Stone Driveway, Laundry- Coin Operated |
|
Parking Space Total
|
29 |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Total
|
5 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Partial (unfinished) |
|
Constructed Date
|
1881 |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,731 Ft2 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Airport, Hospital, Park, Public Transit, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
100 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
F-m2, F-m1-16, F-r4a-45, F-rc-40, F-m1-17 |
https://www.realtor.ca/real-estate/30132879/135-sherwood-drive-brantford
