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Multi-4 UnitMLS® 40827612

171 Nelson Street, Brantford ON N3S 4B7

East Ward, Brantford, N3S 4B7

$649,900

10Bedrooms
4Bathrooms
3,941Sq ft
13Parking
1900Year built
2Storeys
Multi-4 UnitType
95Days on market

The home

About this property

Build Wealth with this High-Performing Income Property! A solid all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44’6” x 28’6” detached garage/workshop, a wraparound covered front porch, two driveways, and plenty of parking. This income-producing powerhouse has 3,941sq.ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or upon request. Whether you’re growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Book a private viewing for this lucrative investment property!

Specifications

Property details

Property type

Residential Income

Lot

82.5 x 132 Acres

Taxes

$6,141 (annual)

Heating

Forced Air, Natural Gas

Cooling

None

Basement

Walk-Up Access, Full, Partially Finished

Parking

13 total (3 garage)

Days on market

95

What's included

Features and amenities

Interior

None

Lot

RectangularParkPublic TransitQuiet AreaSchoolsShopping Nearby

Appliances

RefrigeratorStove

Where it sits

Location

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

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

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

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