162 CHATHAM Street Active

Brantford,ON N3S4G4

$ 699000

8 Beds

4 Baths

4251 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 4,251 sqft

Price per Sqft $164

Subdivision 2045 - East Ward

MLS Listing ID 40657758

Bedrooms 8

Lot Size 6,577 Sqft

Property Description

A Great Investment Opportunity! This impressive property has approximately 4,251sq.ft. above-grade plus a finished basement and there is a detached garage that offers the potential for an additional residential unit. Unit 1 features 4 bedrooms, 2 bathrooms, a covered front porch, large room sizes with a huge living room and dining room with pocket doors, a big eat-in kitchen, in-suite laundry, and a finished basement that has a recreation room and plenty of storage space. Unit 2 is currently vacant so you can set your own rent, and the new tenant can pay their proportionate share of the utilities based on square footage of the unit as per Ontario Regulation 349 and this unit offers 2 huge bedrooms, hardwood flooring, a big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. Unit 3 has 2 large bedrooms, a bright living room with laminate flooring, a gas fireplace, another big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. The 20?6? x 18?4? detached garage in the backyard could be rented as well but it also has the potential to be converted into an additional residential unit. The deck and fully fenced backyard space are shared by all tenants. This solid brick property has a fire escape, a new gas boiler was installed in October 2022, the character and charm of high ceilings and 10? baseboards, hardwood flooring and laminate flooring, on-demand water heater, large room sizes, and more. An excellent investment opportunity that generates more than $65,000 in annual rental income. Book a viewing before it's gone! (id:24570)

Location

Province ON

Exterior

Garage Yes

Fence Fence

Community Features Quiet Area

Waterfront No

View Y/N No

Building

Story 3

Sewer Municipal sewage system

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