Size
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Lot size
-
Street frontage
-
Possession
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Price per sqm
$3,416
Taxes
$7,186.86 (2024)
Parking Type
-
Style
-
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Description
Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross income $76,728.00. Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio.
Broker: Royal LePage Action Realty
MLS®#: 40668634
Property details
Parking:
7
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
-
MLS Size:
322 sqm
Lot front:
18.9 M
Listed on:
Oct 29, 2024
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