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44 Mary Street Brantford, Ontario N3S 3B1

3207 sqft
Fully Air Conditioned Forced Air

$1,049,900

$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **** EXTRAS **** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. (id:39551)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X11895252
Property Type Multi-family

Building

Cooling Type Fully Air Conditioned
Fireplace Present No
Heating Fuel Electric
Heating Type Forced Air
Size Interior 3207 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 64 Ft
Size Frontage 92 Ft
Size Irregular Unit=92 X 64 Ft
Size Total Text Unit=92 X 64 Ft
Zoning Description Rc

https://www.realtor.ca/real-estate/27743030/44-mary-street-brantford

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