Brantford, ON N3S3L6,81 EAST Avenue
Brantford, ON N3S3L6,81 EAST Avenue
Brantford, ON N3S3L6,81 EAST Avenue
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$644,900
Est. payment /mo
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4 BD
3 BA
2,145 SqFt
Active

81 EAST Avenue Brantford, ON N3S3L6

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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,145 sqft

Price per Sqft $300

Subdivision 2084 - Icomm/Market

MLS® Listing ID 40665417

Bedrooms 4

Originating Board Brantford Regional Real Estate Assn Inc

Lot Size 6,098 Sqft

Acres 6098.4

Property Description

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:24570)

Location

State ON

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Royal LePage Action Realty

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Paul Dojcinovic

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81 EAST Avenue