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Multi-3 UnitMLS® 40851621

13 Usher Street, Brantford ON N3R 1B8

North Ward, Brantford, N3R 1B8

$499,900

4Bedrooms
3Bathrooms
2,124Sq ft
5Parking
1906Year built
2Storeys
Multi-3 UnitType
23Days on market

The home

About this property

Attention First Time home buyers and Investors - Don’t miss this one! A great investment opportunity in the heart of Brantford! This legal triplex with fire (retrofit) inspection completed in 2022 offers immediate income potential with the added benefit of a fourth self-contained unit, enhancing cash flow. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this versatile property offers great flexibility. Currently offering 4 - 1 Bedroom, 1 bathroom units, This property is currently fully leased and generates a really good return. The best unit (#1) will be vacant at the end of August. This unit is currently split into 2 units, but could be easily converted back to 1 which would offer an excellent owner occupied 2 bedroom, 2 bathroom unit. Or keep it as 2 units and generate more income. This property offers 2 separate driveways and a detached garage. Tenants pay their own hydro (Separate meters), owner pays heat and water. Situated on a mature lot in an established neighbourhood, 13 Usher Street is conveniently located close to schools, parks, public transit, shopping, and major amenities, making it an attractive option for tenants. Each unit offers functional living space, while the property's strong rental income and good location make it a standout opportunity for savvy investors. Don't miss your chance to own a rare legal triplex with the added bonus of a fourth unit in one of Brantford's growing rental markets. This is a great investment opportunity at this price in the city of Brantford.

Specifications

Property details

Property type

Residential Income

Lot

46.33 x 92 ft

Taxes

$3,653 (annual)

Heating

Forced Air, Natural Gas

Cooling

Central Air

Basement

Full, Unfinished

Parking

5 total (1 garage)

Days on market

23

What's included

Features and amenities

Interior

Accessory Apartment

Lot

RectangularHighway AccessHospital

Appliances

Hot Water Tank Owned

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Ryand Campbell, Re/Max Twin City Realty Inc (the Brantford Regional Real Estate Association).

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Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.