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Attention investors. Welcome to 254 Brant Ave, featuring an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 lease). Each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109.00. Upstairs, three updated 1 bedroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross monthly income $76,728.00. Expenses: Gas $3044.49, hydro $3106.33, water $926.32, building insurance $1894.00, property taxes $7189.00. Total expenses $16,160.14. Net operating income $60,567.86. Cap rate 6.1%. Beautifully maintained, fully leased mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances in the rear and on the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady income stream and make this a great investment. This building is in pristine condition and would make an excellent addition to your property portfolio. (id:51158)
| MLS® Number | 40714402 |
| Property Type | Multi-family |
| Amenities Near By | Hospital |
| Community Features | High Traffic Area |
| Equipment Type | Water Heater |
| Features | Paved Driveway |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater |
| Appliances | Window Coverings |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Construction Material | Concrete Block, Concrete Walls |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Concrete |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3467 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Hospital |
| Sewer | Municipal Sewage System |
| Size Frontage | 70 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C4 |
https://www.realtor.ca/real-estate/28132907/254-brant-avenue-brantford
Get More info About:254 Brant Avenue Brantford, Mls# 40714402
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