3,207 ft2
Fully Air Conditioned
Forced Air
$899,000
RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Market Rents with 6% Cap-Rate. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex. Don't miss out on this investment opportunity with potential for growth and increased profitability. Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. (id:50976)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
X12334431 |
|
Property Type
|
Multi-family |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Forced Air |
|
Size Interior
|
3,207 Ft2 |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
64 Ft |
|
Size Frontage
|
92 Ft |
|
Size Irregular
|
Unit=92 X 64 Ft |
|
Size Total Text
|
Unit=92 X 64 Ft |
|
Zoning Description
|
Rc |
https://www.realtor.ca/real-estate/28711694/44-mary-street-brantford
