$1,150,000

152 TERRACE HILL St

, Brantford, Ontario, N3R 1G6

| | | 2,000 sq.ft. | Year Built: 100+ |
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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). Turnoverswould 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 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus routes, plus easy access to HWY 403, ideal for commuters.

Property Info
MLS®: X9258082
Listing Courtesy of EXP REALTY
Total Bedrooms 4
Total Bathrooms 4
Basement Sep Entrance
Floor Space 2000 sq.ft.
Lot Size 7849 sq.ft.
Style 2-Storey
Last Updated 2024-08-16
Property Type Fourplex
Listed Price $1,150,000
Unit Pricing $575/sq.ft.
Strata Fee $
Tax Estimate $4,085/Year
Year Built 100+
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