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. (id:56069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X11895372 |
| Property Type | Multi-family |
| Appliances | Dryer, Range, Refrigerator, Stove, Washer, Window Coverings |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Other |
| Size Interior | 2,115 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 188 Ft |
| Size Frontage | 41 Ft ,8 In |
| Size Irregular | Unit=41.72 X 188.08 Ft |
| Size Total Text | Unit=41.72 X 188.08 Ft |
| Zoning Description | Rc,os1 |
https://www.realtor.ca/real-estate/27743291/152-terrace-hill-street-brantford
Contact us for more information
Jake Nicolle
Salesperson
(866) 530-7737
(647) 849-3180
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