254 Brant Avenue Active Save Request In-Person Tour Request Virtual Tour
Brantford,ON N3T 3J5
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,467 sqft
Price per Sqft $317
MLS Listing ID 40668634
Bedrooms 3
Abv Grd Liv Area 3,467
Originating Board Brantford
Annual Tax Amount $7,186
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, $1000.00, $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.
Location
Province ON
County Brantford
Area 2028 - Henderson/Holmedale
Zoning C4
Direction St. Paul Ave to Brant Ave.
Rooms
Basement Partial,Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Window Features Window Coverings
Appliance Refrigerator,Stove
Laundry None
Exterior
Parking Features Asphalt
Roof Type Asphalt Shing
Lot Frontage 62.74
Garage No
Building
Lot Description Ample Parking,City Lot,High Traffic Area,Hospital
Faces St. Paul Ave to Brant Ave.
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 321560078
Ownership Freehold/None