3,467 ft2
$999,900
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 $3109.00. Upstairs, three updated 1 bedroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross monthly income $76,728.00. 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 $60,567.86. Cap rate 6.1%. Beautifully maintained, fully leased mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances in the rear and on the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady income stream and make this a great investment. This building is in pristine condition and would make an excellent addition to your property portfolio. (id:50976)
Property Details
|
MLS® Number
|
40714263 |
|
Property Type
|
Other |
|
Amenities Near By
|
Hospital |
|
Community Features
|
High Traffic Area |
|
Features
|
Paved Driveway |
|
Parking Space Total
|
7 |
Building
|
Basement Type
|
Partial |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Stories Total
|
2 |
|
Size Exterior
|
3467.0000 |
|
Size Interior
|
3,467 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
63 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
C4 |
https://www.realtor.ca/real-estate/28132908/254-brant-avenue-brantford
