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Listed by Jess Fabrizio • RE/MAX Escarpment Realty Inc.
$675,000
Est. payment /mo
5 Beds
4 Baths
2,504 SqFt
Active
24 DUKE Street Brantford, ON N3T 3T4
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Key Details
Property Type Multi-Family
Sub Type 4 Units
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2001 to 3000
Square Footage 2,504 sqft
Price per Sqft $269
MLS Listing ID 40658007
Bedrooms 5
Property Sub-Type 4 Units
Property Description
Investment Opportunity: Fully Rented Turnkey Income Property! Featuring four units, two of which have been recently updated. The property boasts a respectful tenant profile and currently generates an impressive gross income of $59,004 annually from residential units alone. Additionally, there is potential income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don't miss the chance to add this asset to your portfolio.
Location
Province ON
County Brantford
Direction WEST ST TO DUKE ST
Rooms
Kitchen 0
Interior
Inclusions OTHER; 4 FRIDGES, 4 STOVES, 1 WASHER, 1 DRYER, ALL IN "AS IS" CONDITION
Exterior
Waterfront Description None
Lot Frontage 39.0
Lot Depth 67.74
Building
Story 2.0
Water Municipal
Others
Ownership Freehold
NEIGHBORHOODS
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