park ave

8 Bedroom Real Estate has been listed for sale at 85 Park Ave in Brantford for $XXX,XXX. Chat with a local expert, book a tour.

85 Park Ave, For Sale in Brantford - eXp Realty

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.

ATTENTION INVESTORS! This is a great opportunity to purchase this 4plex for the first time investor or to add to your existing portfolio. Current annuyal rent is $39,432 and your total 2016 expenses for Gas $2127.51; Hydro $927.72; Water $2076.90; Insurance $1691.91 and Reliance $222.56. Tenants in units 1, 2, and 3 pay their own hydro. You can't beat the quiet location that is just a short walk to downtown. This is a turn key investment with all the units nicely done and easy to rent. Building is currently professionally managed and requires 36 hours notice for showings. (id:15898)

This VACANT legal 4-plex is a fantastic investment opportunity! 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! This is a great opportunity for investors and aspiring home owners. Potential VTB can be discussed.

85 Park Ave, Brantford, ON

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