$ 1,000,000
85 Park AVE Brantford, ON N3S 5H4
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$ 1,000,000
Est. payment | /mo
8 Beds
4 Baths
$ 1,000,000
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
MLS Listing ID X9367819
Style 3-Storey
Bedrooms 8
Annual Tax Amount $5,682
Tax Year 2023
Property Description
This VACANT legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro and gas allowing for minimal expenses to the property owner and very strong cashflow . This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list.
Location
Province ON
County Brantford
Zoning RC
Rooms
Family Room No
Basement Full, Finished
Kitchen 4
Interior
Interior Features Other
Cooling None
Inclusions None
Exterior
Garage Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 1
Building
Foundation Concrete Block
Listed by ROYAL LEPAGE BRANT REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN