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Listing content provided by CREA DDF®. Not intended to solicit properties currently listed for sale.

171 NELSON Street | Sanket Patel Calgary REALTOR(R)

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$649,900

For Sale

10 bed · 4 bath

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For Sale

$649,900

MLS® 40827612

171 NELSON Street

Brantford, Ontario, N3S4B7

Beds / Baths: 10 bed · 4 bath
Interior: 3,941 sqft
Property type: Multi-family
Building: Multi-family
Year built: 1900
Lot size: 0.25 acres

Property facts

Beds / Baths: 10 bed · 4 bath
Interior: 3,941 sqft
Property type: Multi-family
Building: Multi-family
Transaction: For Sale
Year built: 1900
Lot size: 0.25 acres
Parking: 13
Ownership: Freehold

About this property

Build Wealth with this High-Performing Income Property! An impressive all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44’6” x 28’6” detached garage/workshop, a wraparound covered front porch, and plenty of parking. This outstanding 3,941sq.ft. income-producing powerhouse generates over $100,000 in annual rental income and a fantastic 12.27% cap rate. The rental income is as follows: Basement Unit: $1,350/month + hydro; Main Floor Unit: $2,200/month all-inclusive; 2nd Floor Unit: $2,750/month all-inclusive; Attic Unit: $1,500/month + hyrdo(tenant recently vacated and it was left vacant by the current owner so the new owner can choose their own tenant and rent at the market rate). The financials for the property are attached to the MLS listing for your realtor to access for you and a copy is also available upon request. Whether you’re growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Don’t miss out on this lucrative investment property! Book a viewing today! (id:53361)

Features & details

Sewer: Municipal sewage system
Water: Municipal water
Cooling: None
Heating: Forced air, Natural gas
Parking: Detached Garage
Basement: Partially finished, Full
Exterior: Brick
Amenities: Quiet Area
Fireplace: false
Zoning: NLR (F9 A270 C40)
Fencing: Partially fenced
Lot Features: Crushed stone driveway
Photos Count: 39
Tax Annual Amount: 6141.17
Originating System: Brantford Regional Real Estate Assn Inc
Number Of Units Total: 4
Internet Address Display: true

Location

171 NELSON Street, Brantford, Ontario, N3S4B7

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