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• 44 Mary St, Brantford, ON N3S 3B1

$1,049,900 ^{FOR SALE}

Investment

Lot: 92 x 64 ftTotal Area: 3,207 ft²
2023 Taxes: $4,597

44 Mary St
Brantford, ON N3S 3B1

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$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability.

Extras

Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.

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Listed By	EXP REALTY
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9260914
Last Updated	Aug 19, 2024

Property Summary

Property Type	Investment More like this: Brantford Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
PIN	321050190
Occupancy	Tenant
Possession Date	Flexible
Taxes (2023)	$4,597
Tax Type	N/A
Assessment (2023)	$332,000
Directions/Cross Streets	Corner of Mary And Peel
Area	Brantford

Price History

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Detailed Information

Freestanding	Y
Lot	92 x 64 ft
Total Area	3,207 ft2
Elevator	None
Air Conditioning	Y
Basement	Y
Garage Type	None
Heat Type	Elec Forced Air
Utilities	A
Water	Municipal
Lot/Bldg/Unit Code	Unit
Zoning	RC
Seller Property Info Statement	N

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