152 TERRACE HILL Street

Multi-family For Sale in Brantford, Ontario

$1,150,000
  • 5 Beds
  • 4 Baths
  • 2,115 Sq. Ft.
  • Built 1890
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). 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. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:4069)
Address 152 TERRACE HILL Street
List Price $1,150,000
Property Type Multi-family
Type of Dwelling Fourplex
Area Ontario
Sub-Area Brantford
Bedrooms 5
Bathrooms 4
Floor Area 2,115 Sq. Ft.
Year Built 1890
MLS® Number 40634220
Listing Brokerage EXP REALTY OF CANADA INC
Basement Area Full (Partially finished)
Postal Code N3R1G6
Zoning RC OS1
Site Influences Hospital, Park, Place of Worship, Playground, Public Transit, Schools
Features Southern exposure

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Marcia Grove Realty Team

Keller Williams Innovation Realty, Brokerage

640 Riverbend Drive Kitchener ON N2K 3S2

Mobile: 226.240.3252

Office: 519.570.4447

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