119 Mintern Avenue Brantford, Ontario N3S 1L4
$564,900
This is an up and down legal duplex. A double wide carport allows tenants off street parking and keeps snow and sun off their cars. Fire retrofitted. Main floor has a nice covered porch and use of the basement. Gas fireplace on main floor. Rents: Main 2 bedroom. $1800 plus hydro. Upper 1 bedroom is currently vacant but market would be $1500 plus hydro. Income $1800 and $1600. Annual $39600. Expense: Taxes (2023) $2511, Gas $1728, water $1236 and insurance $3000. Total $8475. Net income $31125. Cap rate 5.4% Good property for an investor's portfolio. Also a great opportunity to live in one unit and let the rent from the other unit help pay the mortgage. (id:29966)
Property Details
| MLS® Number | 40495559 |
| Property Type | Multi-family |
| Amenities Near By | Hospital |
| Equipment Type | Water Heater |
| Features | Paved Driveway |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1932 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1322 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Carport |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Hospital |
| Sewer | Municipal Sewage System |
| Size Depth | 122 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rc |
https://www.realtor.ca/real-estate/26190792/119-mintern-avenue-brantford
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November 09 2023 08:53:41
Brantford Regional Real Estate Assn Inc
Royal LePage Action Realty