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$649,900

10 Beds 4 Baths 3,941 SQFT 0.25 Acres
Type: Multi-Family

171 Nelson Street
Brantford, ON N3S 4B7

MLS#: 40827612
Mark Lefor
Mark Lefor
Condo Digs
Sales Representative
Phone: 416.816.6937
Office: 647.417.9995
Presented by: Re/Max Twin City Realty Inc

Property Description

 

Build Wealth with this High-Performing Income Property! A solid 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, two driveways, and plenty of parking. This income-producing powerhouse has 3,941sq.ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or 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. Book a private viewing for this lucrative investment property!


 

Interior Features

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area3,941 sqft
Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementWalk-Up Access, Full, Partially Finished
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesNone
Laundry FeaturesNone
Total Stories3

General

AppliancesRefrigerator, Stove
Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CityBrantford
Construction MaterialsBrick
CoolingNone
CountyBrantford
DirectionsClarence Street/ Nelson Street
Electric Expense4816
ExclusionsTennant's Belongings
Facing DirectionNorth
Garage Spaces3
Garage Y/NYes
HeatingForced Air, Natural Gas
Insurance Expense4500
Living Area3,941 sqft
Lot Size Square Feet10,890 sqft
Lot Size UnitsAcres
MLS Area2040 - Terrace Hill/E & N Wards
MLS Area Minor2045 - East Ward
New ConstructionNo
Number Of Units Total4
Open Parking Spaces10
Other StructuresShed(s), Workshop
Patio/Porch FeaturesPorch
Property SubtypeMulti-4 Unit
Property TypeResidential Income
RoofAsphalt Shing
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive Under Contract
StatusConditional
Stories Count2
Virtual TourClick here
Year Built1900
ZoningNLR (F9 A270 C40)

Exterior

Building Area Total3,941 sqft
Covered Spaces3
Crops Included Y/NNo
FencingFence - Partial
Foundation DetailsStone
Frontage Length82 sqft
Frontage TypeSouth
InclusionsNone, 4 Fridges, 4 Stoves
Lot Dimensions82.5 x 132
Lot FeaturesRectangular, Park, Public Transit, Quiet Area, Schools, Shopping Nearby
Lot Size Acres0.25
Lot Size Area0 sqft
Lot Size SourceGeoWarehouse
Number of Buildings0
Parking FeaturesDetached Garage, Gravel
Total Parking13
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

Schools 

High School Hubert H Humphrey Middle School
Elementary School Big Hollow Elementary School

  

Similar Properties

$649,900

10 Beds 4 Baths 3,941 SQFT 0.25 Acres
Type: Multi-Family

171 Nelson Street
Brantford, ON N3S 4B7

MLS#: 40827612
Mark Lefor
Mark Lefor
Condo Digs
Sales Representative
Phone: 416.816.6937
Office: 647.417.9995
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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