44 Mary ST new

Brantford,ON N3S 3B1

$ 1049900

7 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X11895246

Style 2-Storey

Bedrooms 7

Annual Tax Amount $4,597

Tax Year 2023

Property Description

$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability.

Location

Province ON

County Brantford

Area Brantford

Rooms

Family Room No

Basement Full,Partially Finished

Kitchen 4

Interior

Interior Features Water Heater Owned

Cooling Other

Fireplace No

Heat Source Electric

Exterior

Parking Features Private

Garage Spaces 8.0

Pool None

Roof Type Asphalt Shingle

Lot Depth 64.0

Total Parking Spaces 8

Building

Foundation Concrete,Stone

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