Quick Summary
Quick Summary
- Exceptional investment opportunity with high rental income
- Fully occupied triplex with 3 units and 2 beds/1 bath
- Immediate cash flow over $2,400 per month
- Potential for long-term value appreciation
- Fully legal and permitted property with updates
- Newer roof, windows, freshly painted units
- Plumbing and wiring updates completed
- Exclusive parking for each unit
CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow,... Show More
CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. This is a fantastic turnkey triplex to add to your portfolio. (id:54626)
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For Sale Nearby
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