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44 Mary St

Mary St, East Ward, Brantford, ON, N3S 3B1

-
Beds
-
Baths
3,207
Sq. Ft.
$1,049,900
List Price
Details
Photos
21
Comparables
History
44 Mary St, Brantford, ON - 1 of 3
44 Mary St, Brantford, ON - 2 of 3
44 Mary St, Brantford, ON - 3 of 3
32 days on market

Quick Summary

  • Renovated fourplex on double lot with extensive updates
  • Tenants pay heat, hydro and water utilities
  • Updated interiors, electrical, plumbing, heating and kitchens
  • Approximately $300k in recent property upgrades
  • Fully leased to highly vetted tenants with no legacy tenants
  • Potential for expansion with extra-large lot size
  • Convenient location near local shops, restaurants and parks
  • Attractive 7% cap rate and $81k in annual rental income

$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All... Show More

$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **** EXTRAS **** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. (id:54626)

Property Details

Size

3,207 sq. ft.
0 Beds
0 Baths

Lot

Size
1103′12″ * 767′12″
Acres
-

Heating & Cooling

Heating
Forced air
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9260914
Last Updated
September 4, 2024
Brokerage
EXP REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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