152 Terrace Hill Street, Brantford, Ontario N3R 1G6

Listed for:
$1,150,000
0 beds
0 baths
Listed 86 days ago
Multi-Family for rent: 152 Terrace Hill Street, Brantford, Ontario N3R 1G6

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Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X11895372
Agent:
Jake Nicolle
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About

West St/Terrace Hill St. 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. **EXTRAS** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:27476)

Property Highlights

MLS® Number
X11895372
Type
Multi-family
Land Size
Unit=41.72 x 188.08 FT

Building

Building Type
Multi-Family
Square Footage
2115 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale