Investor’s Dream! Welcome to 127 West Street, a turnkey, cash-flowing legal duplex with a third unit in the heart of Brantford! This fully rented property generates $3,715/month ($44,580/year) in gross rental income, making it a profitable addition to any investor’s portfolio. The property features three self-contained units: a 1-bedroom bachelor suite, a spacious 2-bedroom unit, and another 1-bedroom side unit, all with market rents in place. Additional coin laundry income further boosts cash flow! With a solid Net Operating Income of approx. $36,590/year, this property offers strong returns in a market where positive cash flow is rare. Tenants pay utilities, keeping expenses manageable. Located in a growing rental market, with proximity to amenities, transit, and major highways, 127 West St is a turnkey investment opportunity that won’t last long. (id:4069)
Address
127 WEST Street
List Price
$635,000
Property Type
Multi-family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Brantford
Bedrooms
4
Bathrooms
3
Floor Area
2,391 Sq. Ft.
Year Built
1895
MLS® Number
40707375
Listing Brokerage
Keller Williams Complete Realty
Basement Area
Partial (Unfinished)
Postal Code
N3T3G2
Zoning
RC
Site Influences
Hospital
Features
Crushed stone driveway, Sump Pump