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152 Terrace Hill Street Brantford, Ontario N3R 1G6

2115 sqft
Fully Air Conditioned Other

$1,150,000

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro,Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnoverswould simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property,meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus routes, plus easy access to HWY 403, ideal for commuters. **** EXTRAS **** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:58332)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X9258096
Property Type Multi-family

Building

Appliances Dryer, Range, Refrigerator, Stove, Washer, Window Coverings
CoolingType Fully Air Conditioned
HeatingType Other
SizeInterior 2115 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 188 Ft
SizeFrontage 41 Ft
SizeIrregular Unit=41.72 X 188.08 Ft
SizeTotalText Unit=41.72 X 188.08 Ft
ZoningDescription Rc,os1

https://www.realtor.ca/real-estate/27300982/152-terrace-hill-street-brantford

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Jake Nicolle
Salesperson


Exp Realty
4711 Yonge St Unit C 10/fl
Toronto, Ontario M2N 6K8

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