171 NELSON St, Brantford, ON N3S4B7

Beds
10
Baths
4
Sqft
171,669,960

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Listed byRe/Max Twin City Realty Inc
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Overview

Build Wealth with this High-Performing Income Property! An impressive 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, and plenty of parking. This outstanding 3,941sq.ft. income-producing powerhouse generates over $100,000 in annual rental income and a fantastic 12.27% cap rate. The rental income is as follows: Basement Unit: $1,350/month + hydro; Main Floor Unit: $2,200/month all-inclusive; 2nd Floor Unit: $2,750/month all-inclusive; Attic Unit: $1,500/month + hyrdo(tenant recently vacated and it was left vacant by the current owner so the new owner can choose their own tenant and rent at the market rate). The financials for the property are attached to the MLS listing for your realtor to access for you and a copy is also available 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. Don’t miss out on this lucrative investment property! Book a viewing today! (id:58180)

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
10
Number of bathrooms
4
Square feet
171,669,960
Lot size (acres)
0.25
Year built
1900

Interior features

Basement
Yes

Utilities

Heating
Forced Air, Natural Gas
Cooling
None
Sewer
Septic System
Water
Water

Taxes

Tax Annual Amount
$6,141.17

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: 40827612 Last checked:

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