4 Bedroom
3 Bathroom
2145 sqft
Central Air Conditioning
Forced Air
$644,900
This is a fire rated brick triplex. Unit 1 is rented for $777. A new gas furnace was installed in 2023. It is a long term tenant and the market rent would be $1500. It is the main floor of the original house. Unit 2 is rented for $1333; it is a 2 bed with a balcony. The bathroom was redone about 3 years ago with an oversized shower. It is the total upstairs of the main house. Unit 3 is on the main floor of an addition to the back of the house. it has a covered porch and access to half of the back yard. The unit was totally renovated in 2024 ceiling to floor plus a new f/a gas furnace and central air. I have used a projected rent of $1600. Note: Tenants pay all utilities, gas, hydro and water (separate meters). rent $44450 less costs Taxes $3479, insurance $3000 and water heater rentals $432.n Tot Expense $6911. Net Income $37609 5.85 CAP RATE. (id:50976)
Property Details
|
MLS® Number
|
40665417 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Hospital, Public Transit |
|
Features
|
Paved Driveway |
|
Parking Space Total
|
1 |
|
Structure
|
Porch |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Total
|
4 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Partial (unfinished) |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2145 Sqft |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Road Access, Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
0.14 |
|
Size Total
|
0.14 Ac|under 1/2 Acre |
|
Size Total Text
|
0.14 Ac|under 1/2 Acre |
|
Zoning Description
|
Rc |
https://www.realtor.ca/real-estate/27604524/81-east-avenue-brantford
