40 Niagara Street Brantford, Ontario N3R 4E2
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$665,000
Welcome to an exceptional investment opportunity in Brantford! This existing legal duplex is turn-key, with two well-maintained units featuring separate laundry facilities and tenants responsible for utilities. The units are in top condition with market rents, situated near downtown Brantford, this property benefits from its prime location near essential amenities, schools, parks, and transportation hubs. Combine this property with the vacant lot beside at 38 Niagara Street for a total of five units upon completion, offering substantial revenue potential. With CMHC financing available post-construction, investors can employ a BRRRR strategy to refinance most of their capital out while still maintaining positive cash flow. Don't miss out on this remarkable opportunity! (id:58072)
Property Details
| MLS® Number | 40585789 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 2 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 4 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1440 |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital |
| Sewer | Municipal Sewage System |
| SizeDepth | 89 Ft |
| SizeFrontage | 41 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rc |
https://www.realtor.ca/real-estate/26869261/40-niagara-street-brantford
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May 09 2024 03:01:23
Oakville, Milton & District Real Estate Board
Rock Star Real Estate Inc., Brokerage