EXP REALTY OF CANADA INC

$1,049,900

44 Mary Street, Brantford, Ontario

7 Bedrooms

4 Bathrooms

Property

MLS® Number: 40685018

Address: 44 Mary Street

City: Brantford

Style: Two Story

Lot Size: 64.0ft x 91.66ft

Utilities

Heating: Electric, Heat Pump

Parking

Parking Spaces: 8

$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. 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

Property Sale History

Travel and Neighbourhood

Very Walkable

Location

Chris Cipriani
Chris Cipriani

Sales Representative

RE/MAX Escarpment

Contact Chris Cipriani