254 Brant Avenue Active Save Request In-Person Tour Request Virtual Tour
Brantford,ON N3T 3J5
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,467 sqft
Price per Sqft $288
MLS Listing ID 40714402
Abv Grd Liv Area 3,467
Originating Board Brantford
Annual Tax Amount $7,198
Property Sub-Type Multi-4 Unit
Property Description
Attention investors. Welcome to 254 Brant Ave, featuring an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 lease). Each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109.00. Upstairs, three updated 1 bedroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross monthly income $76,728.00. Expenses: Gas $3044.49, hydro $3106.33, water $926.32, building insurance $1894.00, property taxes $7189.00. Total expenses $16,160.14. Net operating income $60,567.86. Cap rate 6.1%. Beautifully maintained, fully leased mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances in the rear and on the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady income stream and make this a great investment. This building is in pristine condition and would make an excellent addition to your property portfolio.
Location
Province ON
County Brantford
Area 2028 - Henderson/Holmedale
Zoning C4
Direction St Paul; Ave to Brant Ave.
Rooms
Basement Partial,Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Window Features Window Coverings
Laundry None
Exterior
Parking Features Asphalt
Roof Type Asphalt Shing
Lot Frontage 69.7
Garage No
Building
Lot Description Ample Parking,City Lot,High Traffic Area,Hospital
Faces St Paul; Ave to Brant Ave.
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Block
New Construction No
Others
Senior Community No
Tax ID 321560078
Ownership Freehold/None