Brantford, ON N3T3J5,254 BRANT Avenue
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254 BRANT Avenue Brantford, ON N3T3J5

3,644 SqFt


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Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,644 sqft

Price per Sqft $301

Subdivision 2037 - Lansdowne

MLS® Listing ID 40654678

Originating Board Brantford Regional Real Estate Assn Inc

Year Built 1855

Property Description

Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $750.00, $1450.00. Gross income $73,908.00, Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (id:24570)

Location

Province ON

Exterior

Garage No

Community Features High Traffic Area

Waterfront No

View Y/N No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Royal LePage Action Realty

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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254 BRANT Avenue