$880,000 FOR SALE

Triplex 2-Storey

Bedrooms: 4+2Bathrooms: 3Lot: 50 x 126 ft
2023 Taxes: $3,475.57

415 Chatham St
Brantford, ON N3S 4J4

CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. This is a fantastic turnkey triplex to add to your portfolio.

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Listed By REVEL REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9393359
Last Updated Oct 11, 2024
Property Summary
Property Type Triplex

More like this:
PIN 321240088
Legal Description PT LT 183 PL 304 BRANTFORD CITY; PT THIRD AV PL 329 BRANTFORD CITY CLOSED BY A12390 AS IN A425475; BRANTFORD CITY
Possession Date Flexible
Taxes (2023) $3,475.57
Assessment (2024) $305,000
Directions/Cross Streets Colborne St E to Second Ave to Chatham St
Area Brantford
Price History
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Detailed Information
Fronting On S
Property Features Park, School
Special Designations Unknown
Bedrooms 4+2
Bathrooms 3
Rooms 8+4
Kitchens 2+1
Lot 50 x 126 ft
Acreage <.50
Approximate Square Footage 1500-2000
Approximate Age 51-99
Exterior Brick
Air Conditioning None
Family Room N
Fireplace/Stove N
Pool None
Basement Fin W/O, Full
Drive Private
Garage Spaces 0.0
Garage Type None
Parking Spaces 5
Total Parking Spaces 5.0
Heat Source Other
Heat Type Baseboard
Other Structures Garden Shed
Sewers Sewers
Water Municipal
Zoning R1C
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
OtherMain
Bathrooms
Pieces Level
42nd
4Main
4Lower

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