174-176 Darling St

Brantford, N3S 3W6
FOR SALE
$1,149,000
Expired
$0
174-176 Darling St, Brantford
174-176 Darling St
174-176 Darling St
174-176 Darling St
174-176 Darling St
174-176 Darling St
174-176 Darling St
174-176 Darling St
174-176 Darling St
174-176 Darling St
7
BEDROOMS
4
BATHROOMS
4
KITCHENS
21
ROOMS
X5693698
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-07-12 2022-09-12 66 $1,149,000 - Expired
Property Description
Turnkey 4-Plex, 3 X 2 Bedroom Apartments And 1 X 1 Bedroom Apartment. $75,000 Gross Income, $60,000+ Noi. Offered At A 5% Cap Rate. List Of Updates Include: Electrical, Shingled Roof, 2 X Central Air-Conditioning, 3 Renovated Bathrooms And 1 Renovated Kitchen In 2021-2022, Some New Appliances, New Windows, Gravel Parking, Etc. Full Details Available. Separate Hydro Meters, Separate Water Meters, Owned Coin Laundry In Basement, Shared Yard With Patio Furniture.
Extras
4 X Stoves, 4 X Refrigerators, Coin-Operated Washer & Dryer, Existing Rear Yard Outdoor Furniture Included. 4 Red Adirondack Chairs & 1 Square Patio Table With 4 Folding Chairs & 1 Umbrella**Interboard Listing: Hamilton - Burlington R. E. Assoc**
Property Details
Property Type
Fourplex, 2-Storey
Similar Listings
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$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.
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