171 Nelson Street, Brantford, ON N3S 4B7

$649,900
10
BD
4
BA
3,500
SqFt

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List Price
$649,900
MLS#
X13514290
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
SubType
Duplex
Style
2 1/2 Storey
Bedrooms
10
Bathrooms
4
Living Area
3500-5000
Province
ON
Municipality
Brantford
Area
Brantford
Subdivision
Park Ave

Property Description

Build Wealth with this High-Performing Income Property! An impressive 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, and plenty of parking. This outstanding 3,941sq.ft. income-producing powerhouse generates over $100,000 in annual rental income and a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you and a copy is also available 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. Don't miss out on this outstanding investment property!

Additional Information

Taxes
$6,141
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
4
Exterior
Brick
Garage Spaces
3
Garage Type
Detached
Pool
None
Parking Spaces
13
Parking Type
Private Triple, Circular Drive

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Listing courtesy of RE/MAX TWIN CITY REALTY INC..