254 DARLING Street Active Save Request In-Person Tour Request Virtual Tour
Brantford,ON N3S3X4
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,835 sqft
Price per Sqft $286
Subdivision 2043 - Downtown Core
MLS Listing ID 40666622
Style 2 Level
Bedrooms 4
Property Description
Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcome addition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a family member. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front (w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units include separate hydro meters & are uniquely connected at the interior basement level also maintaining separate hot water heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear) while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down. This property offers plenty of upside with the ability to consider building out a garage suite or to convert the main house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing asset with ADU upside potential in a declining interest rate environment where rental rates are stable and gradually climbing! Property is a must see! (id:24570)
Location
Province ON
Interior
Heating Radiant heat
Cooling None
Exterior
Garage Yes
Community Features Community Centre
Waterfront No
View Y/N No
Building
Story 2
Sewer Municipal sewage system