152 TERRACE HILL Street, Brantford, Ontario N3R1G6
Description
RENOVATED FOURPLEX on DEEP LOT and DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat and Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, and Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would 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 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university,shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. (67935223)
Facts and Features
Seller
Agent
Property Type
Office
Number of floors
2
Infrastructure
Hospital
Public Transit
School
Additional characteristics
Municipal sewage system
Water
Location
build a route