135 SHERWOOD Drive, Brantford, Ontario N3T1N8
Listing courtesy of Rock Star Real Estate Inc..
- $689,000
- 5
- BD
- 4
- BA
- 2,731
- SqFt
- List Price
- $689,000
- MLS®
- 40854400
- Days on Market
- 0
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2,731
- Subdivision
- 2071 - Old West Brant
Property Description
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:5764)
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Additional Information
- Ownership
- Freehold
- Garage
- Yes
- Subdivision
- 2071 - Old West Brant
- Parking Spaces
- 29
- Cooling
- None
- Country
- Canada
- Sewer
- Municipal sewage system
- Heating
- Forced air, Natural gas
- Lot Features
- Crushed stone driveway, Laundry- Coin operated
- Total Number Of Units
- 4
- Stories
- 2
