81 East Avenue Brantford, Ontario N3S 3L6
$644,900
This is a fire rated brick triplex. Unit 1 is rented for $777. A new gas furnace was installed in 2023. It is a long term tenant and the market rent would be $1500. It is the main floor of the original house. Unit 2 is rented for $1333; it is a 2 bed with a balcony. The bathroom was redone about 3 years ago with an oversized shower. It is the total upstairs of the main house. Unit 3 is on the main floor of an addition to the back of the house. it has a covered porch and access to half of the back yard. The unit was totally renovated in 2024 ceiling to floor plus a new f/a gas furnace and central air. I have used a projected rent of $1600. Note: Tenants pay all utilities, gas, hydro and water (separate meters). rent $44450 less costs Taxes $3479, insurance $3000 and water heater rentals $432.n Tot Expense $6911. Net Income $37609 5.85 CAP RATE. (id:29966)
Property Details
| MLS® Number | 40665417 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Public Transit |
| Features | Paved Driveway |
| Parking Space Total | 1 |
| Structure | Porch |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2145 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 50 Ft |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1/2 Acre |
| Size Total Text | 0.14 Ac|under 1/2 Acre |
| Zoning Description | Rc |
https://www.realtor.ca/real-estate/27604524/81-east-avenue-brantford
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 15 2024 07:44:02
Brantford Regional Real Estate Assn Inc
Royal LePage Action Realty