5 Bedroom
4 Bathroom
2115 sqft
Heat Pump
$1,150,000
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 (id:58671)
Property Details
MLS® Number
|
40684760 |
Property Type
|
Multi-family |
AmenitiesNearBy
|
Hospital, Park, Place Of Worship, Playground, Public Transit, Schools |
Features
|
Southern Exposure |
ParkingSpaceTotal
|
6 |
Building
BathroomTotal
|
4 |
BedroomsTotal
|
5 |
Appliances
|
Window Coverings |
BasementDevelopment
|
Partially Finished |
BasementType
|
Full (partially Finished) |
ConstructedDate
|
1890 |
ExteriorFinish
|
Brick |
FoundationType
|
Block |
HeatingType
|
Heat Pump |
StoriesTotal
|
2 |
SizeInterior
|
2115 Sqft |
Type
|
Fourplex |
UtilityWater
|
Municipal Water |
Parking
Land
AccessType
|
Highway Access |
Acreage
|
No |
LandAmenities
|
Hospital, Park, Place Of Worship, Playground, Public Transit, Schools |
Sewer
|
Municipal Sewage System |
SizeFrontage
|
42 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
Rc Os1 |
https://www.realtor.ca/real-estate/27743094/152-terrace-hill-street-brantford