157 Terrace Hill, located in Brantford Ontario will be one of the finest duplexes/investment properties that you will find on the market. This legal duplex has been totally retrofitted through the proper permit process; the renovations include and are not limited to the following, electrical, roof, windows, doors, insulation appliances, air conditioning, plumbing, and all the well appointed outside spaces for tenants or owner occupants. Additionally, there is ample parking on the lot for the occupants and visitors. Both units are bringing in $4400 per month combined and the expenses on this property amount to approximately $6500 per year, leaving approximately $46,000 annual income. The ideal buyer would be someone who would like to live in one unit and supplement their mortgage or an investor who wants to add an ironclad property to their investment portfolio. Enjoy the video and photos and book a tour today. (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
2
Lot
36 x 136 ft
Amenities Nearby
Hospital
Equipment
Water Heater
Listing Contract Date
2024-09-24
Location Description
Grand st and Terrace Hill
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
RC
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Constructed Date
1940
Cooling Type
Wall unit
Exterior Finish
Aluminum siding, Metal, Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital
Sewer
Municipal sewage system
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