85 Park AVE Active

Brantford,ON N3S 5H4

$ 1000000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

MLS Listing ID X9367819

Style 3-Storey

Bedrooms 8

Annual Tax Amount $5,682

Tax Year 2023

Property Description

This VACANT legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro and gas allowing for minimal expenses to the property owner and very strong cashflow . This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list.

Location

Province ON

County Brantford

Zoning RC

Rooms

Family Room No

Basement Full,Finished

Kitchen 4

Interior

Interior Features Other

Cooling None

Inclusions None

Exterior

Garage Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 1

Building

Foundation Concrete Block

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