39
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$1,100,000
Est. payment /mo
3 BD
5 BA
3,467 SqFt
Active
254 BRANT Avenue Brantford, ON N3T3J5
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,467 sqft
Price per Sqft $317
Subdivision 2037 - Lansdowne
MLS® Listing ID 40668634
Bedrooms 3
Originating Board Brantford Regional Real Estate Assn Inc
Property Description
Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $750.00, $1450.00. Gross income $73,908.00, Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (id:24570)
Location
State ON
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Action Realty
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