152 TERRACE HILL Street Brantford

152 TERRACE HILL Street, Brantford, Ontario

$1,150,000

  • 5 Beds
  • 4 Baths
  • 2,115 Square Feet

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. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:23309)

  • Listing ID: 40634220
  • Property Type: Multi-family
  • Year Built: 1890

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Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools
  • Features: Southern exposure
  • Ownership: Freehold
  • Parking Spaces: 6
  • Transaction: For sale
  • Zoning Description: RC OS1

Building

  • Appliances: Window Coverings
  • BasementType: Full (Partially finished)
  • Basement Development: Partially finished
  • Constructed Date: 1890
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 4
  • Heating: Heat Pump
  • Size Interior: 2115 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Hospital, Park, Place of Worship, Playground, Public Transit, Schools
  • Sewer: Municipal sewage system
  • Size Frontage: 42 ft
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 152 TERRACE HILL Street in Brantford Ontario. It was last modified on August 16th, 2024. Contact Mal Kearns to schedule a viewing or to discover other Brantford real estate for sale.

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