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15,17,19,21 Young Street Brighton, Ontario K0K 1H0

14 Bedroom 7 Bathroom 10206
None Hot Water Radiator Heat

$1,050,000

This 6 plex, comprised of four different municipal addresses in downtown Brighton, already provides a great return and still has lots of room to produce more income in the future. The units at 15-17 Young Street are huge three bedroom, 2 bath, townhouse style rentals with both front and rear entrances, and amenity space out back. The units at 19 young street are configured in an up and down duplex style. Both units are 2-bedroom, one bath, and the upper unit has undergone a huge $63,000 renovation including a new kitchen, new bathroom and hard-wired smoke alarms in 2022. The lower unit had a new shower installed. Both have front and rear entrances with a deck or small yard out back. The units at 21 Young are also set up in an up and down duplex style. The lower apartment has a long-term tenant that takes impeccable care of the unit. All units have separate hydro and water meters. All tenants pay their own water and hydro with the exception of the upper unit at 21 Young Street. A gas boiler, new in 2022 heats the units from 15, 19-21. 15 Young Street has a separate gas furnace that is paid for by the tenant. 15 Young Street is currently vacant but will be leased in January 2023. All rents increasing by 2.5% starting January 1/23. N1 notices have been given. CHECK OUT THE VIRTUAL TOUR IN HD! NET RENTS STARTING ON JANUARY 1ST 2023: $65,982.50 Gross rents: $80,220 Expenses: $16,243 Net rents: $63,977 (id:41409)

Property Details

MLS® Number 40349273
Property Type Multi-family
Amenities Near By Place Of Worship, Playground
Communication Type High Speed Internet
Parking Space Total 6

Building

Bathroom Total 7
Bedrooms Total 14
Appliances Water Meter
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1910
Construction Material Wood Frame
Construction Style Attachment Semi-detached
Cooling Type None
Exterior Finish Brick, Metal, Wood
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 10206
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Place Of Worship, Playground
Sewer Municipal Sewage System
Size Depth 116 Ft
Size Frontage 89 Ft
Size Irregular 0.204
Size Total 0.204 Ac|under 1/2 Acre
Size Total Text 0.204 Ac|under 1/2 Acre
Zoning Description R2

Utilities

Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/25063298/15171921-young-street-brighton