$1,049,900 FOR SALE

Office

Lot: 92 x 64 ft

44 Mary Street
Brantford, ON N3S 3B1

$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. (id:47423)

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Listed By EXP REALTY OF CANADA INC
Data Provided By Cornerstone - Mississauga
MLS® Listing Number 40634770
Last Updated Aug 19, 2024
Property Summary
Property Type Office

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Price History
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Detailed Information
Lot 92 x 64 ft
Amenities Nearby Schools
Listing Contract Date 2024-08-19
Location Description Corner of Mary and Peel
Ownership Type Freehold
# of Parking Spaces 8
Property Type Office
Transaction Type For sale
Zoning Description rc
Building
Basement Type Full
Exterior Finish Brick
Foundation Type Block
Stories Total 2
Size (Exterior) 3207
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Schools
Sewer Municipal sewage system

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