142 Nelson St
Brantford, N3S 4B6
FOR SALE
$1,899,900
Sold
$1,830,000
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9 + 2
BEDROOMS12
BATHROOMS4 + 4
KITCHENS7
ROOMSX7243466
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-24 | 2024-01-24 | 97 | $1,899,900 | $1,830,000 | Sold |
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Property Description
Incredible Investment Opportunity: Presenting an impressive revenue-generating property with an annual income exceeding $137K and an operating income over $104K. This well-maintained building on a prime 64'x133' lot in Downtown of Brantford features four separate 5-bedroom units, each with 3 bathrooms, in-suite laundry, owned water heaters, a furnace, and A/C. The property is occupied by dependable AAA tenants, fully furnished and offers nine parking spaces. Ideally situated within a 5-minute walk to Wilfred Laurier University, Conestoga College, and 5 min drive to Six Nations Polytechnic, and Anderson College, it's also close to numerous employers, dining establishments, shops, parks, and entertainment venues. This investment property holds the potential to yield over $156,000 annually and maintains a zero-vacancy record. For access to financial details, a signed confidentiality agreement is required. Don't miss out on this extraordinary investment opportunity
Extras
4 Fridges, 4 Stoves, 4 Washers, 4 Dryers, 4 Water heaters, 4 Furnaces, 4 Air conditioners, Security System , All furniture belongs to the property (except tenants belongings), 4 HEPA Air Exchangers, Enterprise-grade networking equipment
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Property Details
Street
City
Property Type
Fourplex, 3-Storey
Lot Size
64' x 133'
Acreage
.50-1.99
Fronting
North
Taxes
$13,769 (2023)
Basement
Apartment
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
9
Driveway
Mutual
Garage Type
None
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