44 Mary Street
Brantford, N3S 3B1
FOR SALE
$899,000

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Investment
CATEGORY3,207 Sq Ft
TOTAL AREAX12334431
MLSIDContact Us
Property Description
RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Market Rents with 6% Cap-Rate. 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. Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle.
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Property Details
Address
44 Mary Street
City
Postal Code
N3S 3B1
Property Type
Investment, Investment
Use
Apartment
Zoning
RC
Lot Size
92' x 64'
Total Area
3,207 Sq Ft
Taxes
$4,950 (2024
Heat Type
Electric Forced Air
Water
Municipal
Garage Type
None
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Listing contracted with Exp Realty
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