7 Bedroom
4 Bathroom
Heat Pump
$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)
Property Details
MLS® Number
|
X11895246 |
Property Type
|
Single Family |
Parking Space Total
|
8 |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
7 |
Bedrooms Total
|
7 |
Appliances
|
Water Heater |
Basement Development
|
Partially Finished |
Basement Type
|
Full (partially Finished) |
Exterior Finish
|
Brick |
Fireplace Present
|
No |
Foundation Type
|
Concrete, Stone |
Heating Fuel
|
Electric |
Heating Type
|
Heat Pump |
Stories Total
|
2 |
Type
|
Fourplex |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
64 Ft |
Size Frontage
|
92 Ft |
Size Irregular
|
92 X 64 Ft |
Size Total Text
|
92 X 64 Ft |
Zoning Description
|
Rc |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Dining Room |
|
|
Measurements not available |
Second Level |
Kitchen |
|
|
Measurements not available |
Second Level |
Living Room |
|
|
Measurements not available |
Main Level |
Living Room |
|
|
Measurements not available |
Main Level |
Dining Room |
|
|
Measurements not available |
Main Level |
Kitchen |
|
|
Measurements not available |
Main Level |
Bedroom |
3.04 m |
3.04 m |
3.04 m x 3.04 m |
Main Level |
Living Room |
|
|
Measurements not available |
Main Level |
Dining Room |
|
|
Measurements not available |
Main Level |
Kitchen |
|
|
Measurements not available |
Main Level |
Bedroom |
|
|
Measurements not available |
Main Level |
Office |
|
|
Measurements not available |
https://www.realtor.ca/real-estate/27743028/44-mary-street-brantford