24 Duke Street, Brantford, Ontario N3T 3T4

Listed for:
$649,900
6 beds
5 baths
Listed 160 days ago
Fourplex for rent: 24 Duke Street, Brantford, Ontario N3T 3T4

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Learn more about this property
Listing provided by:
RE/MAX ESCARPMENT REALTY INC.
MLS® number:
X9382489
Agent:
Conrad Guy Zurini
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About

WEST ST TO DUKE ST Investment Opportunity: Fully Rented Turnkey Income Property! Featuring four units, two of which have been recently updated. The property boasts a respectful tenant profile and currently generates an impressive gross income of $59,004 annually from residential units alone. Additionally, there is potential income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don't miss the chance to add this asset to your portfolio. (id:27476)

Property Highlights

MLS® Number
X9382489
Type
Multi-family
Land Size
39 x 67.7 FT
Parking Space Total
5

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2499.9795 - 2999.975 sqft
Bathrooms Total
5
Bedrooms Above Ground
5
Bedrooms Total
6
Exterior Finish
Aluminum siding
Fireplace Present
No
Basement Type
N/A (Partially finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location