Address
224 Colborne Street W, Brantford, ON
Price
$ 899,900
Property Attributes
- ID#40581698
- TypeMulti-Family
- CountyBRANTFORD
- CityBrantford
- AreaBrantford Region
- NeighborhoodWest Brant
- ZipN3T 1L8
- Style
- Price$ 899,900
- Bedrooms3
- Bathrooms0
- Half Bathrooms0
- Sqr Footage1345
Data Source:
RLP - CREA EN
Property Description
Welcome to an exciting offering in the extremely popular city of Brantford. This TRIPLEX not only offers 3 units with updated interiors, all with separate hydro meters, and parking for each unit, but it also offers a FOURTH rentable space in the detached workshop. The property itself has been craftily designed, to enhance each units unique livability, giving this building the ability to attach an almost universal audience. There is a main floor unit with no stairs, an upper private unit with a cozy juliet balcony and the last unit offers main floor living with a surprisingly large basement to enjoy as well. ALL THE RENTS ARE MARKET RENTS, yes you read that correct, this building has been flipped in the recent years with modern leases all paying market rents. This building offers a 6.7% CAP RATE. In a time where the comparable properties are still stuck in the 5's. This is a rare chance to own a key turn investment property and start CASH FLOWING TODAY, EVEN WITH A MORTGAGE.
General Features
| Zoning | RC |
|---|---|
| Garage | yes |
| Terms | SALE |
| Parking | yes |
| Inclusions | Other,Appliances - 3 Fridges, 3 Stoves, 3 Diswashers, 3 Washer And 3 Dryers. |
| Parking Spaces | 6 |
Interior Features
| Bedrooms | 3 |
|---|---|
| Beds | 3 |
Exterior Features
| Lot Frontage | 39.99 |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in N3T 1L8
Price
Visits
Year Built
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