85 PARK Avenue Active

Brantford,ON N3S5H4

$ 1000000

8 Beds

0 Bath

3012 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,012 sqft

Price per Sqft $332

Subdivision 2040 - North Park/Wood St.

MLS Listing ID 40640971

Bedrooms 8

Property Description

This 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 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. (id:24570)

Location

Province ON

Interior

Cooling None

Exterior

Garage No

Waterfront No

View Y/N No

Building

Story 3

Sewer Municipal sewage system

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