$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:4069)
| Address |
44 MARY STREET |
| List Price |
$1,049,900 |
| Property Type |
Single Family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
Brantford |
| Bedrooms |
7 |
| Bathrooms |
4 |
| Lot Size |
92 x 64 FT Sq. Ft. |
| MLS® Number |
X9260877 |
| Listing Brokerage |
EXP REALTY
|
| Basement Area |
Full (Partially finished) |
| Postal Code |
N3S3B1 |
| Zoning |
RC |
