171 NELSON Street, Brantford, Ontario N3S4B7
Listing courtesy of Re/Max Twin City Realty Inc.
- $649,900
- 10
- BD
- 4
- BA
- 3,941
- SqFt
- List Price
- $649,900
- MLS®
- 40827612
- Days on Market
- 69
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 10
- Bathrooms
- 4
- Living Area
- 3,941
- Lot Size Dimensions
- 0.25
- Lot Size
- 10,890
- Subdivision
- 2045 - East Ward
Property Description
Build Wealth with this High-Performing Income Property! A solid all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44’6” x 28’6” detached garage/workshop, a wraparound covered front porch, two driveways, and plenty of parking. This income-producing powerhouse has 3,941sq.ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or upon request. Whether you’re growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Book a private viewing for this lucrative investment property! (id:5764)
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Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 2045 - East Ward
- Parking Spaces
- 13
- Cooling
- None
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- Quiet Area
- Heating
- Forced air, Natural gas
- Lot Features
- Crushed stone driveway
- Total Number Of Units
- 4
- Stories
- 2.5
- Lot Size
- 10,890
