$1,150,000
152 TERRACE HILL ST Brantford, ON N3R 1G6
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$1,150,000
Est. payment /mo
4 BD
4 BA
Active
152 TERRACE HILL ST Brantford, ON N3R 1G6
UPDATED:
08/16/2024 05:21 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X9258082
Style 2-Storey
Bedrooms 4
Annual Tax Amount $4,085
Tax Year 2023
Property Description
RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro,Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnoverswould simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property,meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus routes, plus easy access to HWY 403, ideal for commuters.
Location
Province ON
County Brantford
Rooms
Family Room No
Basement Full, Separate Entrance
Kitchen 4
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Other
Exterior
Garage Private
Garage Spaces 4.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 6
Building
Unit Features Hospital,Park,Public Transit,School,Other,Place Of Worship
Foundation Concrete, Stone
Listed by EXP REALTY
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