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152 Terrace Hill Street Brantford, Ontario N3R 1G6

2115 sqft
Fully Air Conditioned Other

$1,050,000

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). Turnovers would 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 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. **** EXTRAS **** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:58073)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X8302766
Property Type Multi-family

Building

Appliances Dryer, Range, Refrigerator, Stove, Washer, Window Coverings
Cooling Type Fully Air Conditioned
Heating Type Other
Size Interior 2115 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Irregular Unit=41.72 X 188.08 Ft
Size Total Text Unit=41.72 X 188.08 Ft

https://www.realtor.ca/real-estate/26842985/152-terrace-hill-street-brantford