152 Terrace Hill St
Brantford, N3R1G6
For Sale
$1,150,000
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Apartment
CATEGORY2,115 Sq Ft
TOTAL AREAX11895372
MLSIDContact Us
Property Description
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.
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Property Details
Category
Apartment
Usage
Apts-2 To 5 Units
Zoning
RC,OS1
Total Area
2,115 Sq Ft
Lot Size
42' x 188'
Taxes
$4,085 (2023)
Air Conditioning
Yes
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Listing contracted with Exp Realty
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