$934,900
FOR SALE

Triplex

Bedrooms: 6Bathrooms: 3Lot: 50 x 126 ft

415 Chatham Street
Brantford, ON N3S 4J4

CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. You don’t want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades. (id:47421)
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Listed By Revel Realty Inc
Data Provided By Brantford Regional Real Estate Assn Inc
MLS® Listing Number 40580915
Last Updated May 02, 2024
Property Summary
Property Type Triplex

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Price History

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Detailed Information
Bedrooms 6
Bathrooms 3
Lot 50 x 126 ft
Amenities Nearby Park, Schools, Shopping
Community Features Quiet Area
Listing Contract Date 2024-05-02
Location Description Colborne St E to Second Ave to Chatham St
Ownership Type Freehold
# of Parking Spaces 5
Property Type Multi-family
Structures Shed
Transaction Type For sale
Zoning Description R1C
Building
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1965
Cooling Type None
Exterior Finish Brick
Foundation Type Brick
Heating Type Baseboard heaters, Radiant heat
Stories Total 2
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Park, Schools, Shopping
Fence Type Fence
Sewer Municipal sewage system
External Links

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