Address
171 Nelson Street, Brantford, ON
Price
$ 649,900
Property Attributes
- ID#40827612
- TypeMulti-Family
- Listing Status Active
- MunicipalityBrantford
- CityBrantford
- AreaBrantford
- Neighbourhood2045 - East Ward
- Postal CodeN3S 4B7
- Style
- Year Built1900
- Price$ 649,900
- Bedrooms10
- Bathrooms4
- Half Bathrooms0
- Sqr Footage3941
- Lot Size0.25 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description
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! (id:7434)
General Features
| Features | Crushed stone driveway |
|---|---|
| Community Features | Quiet Area |
| Property Type | Multi-family |
| Zoning Description | NLR (F9 A270 C40) |
| Amenities | Park, Public Transit, Schools, Shopping |
| Building Cooling Type | None |
| Location Description | Clarence Street/ Nelson Street |
| Parking Space Total | 13 |
| Foundation Type | Stone |
| Building Type | Fourplex |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2.5 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Partially finished |
| Basement Type | Full (Partially finished) |
| Living Area Range | 3941 |
| Bedrooms | 10 |
Exterior Features
| Structure | Workshop, Shed, Porch |
|---|---|
| Land Amenities | Park, Public Transit, Schools, Shopping |
| Sewer | Municipal sewage system |
| Exterior Finish | Brick |
| Fence Type | Partially fenced |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in N3S 4B7
Price
Year Built
In The Neighbourhood
Brantford
$ 450,000
- Type
- Multi-Family
- Size
- 2,324 SqFt
- Rooms
- 0 Beds + 16 Baths
Coldwell Banker Momentum Realty
Brantford
$ 549,900
- Type
- Multi-Family
- Size
- 5,116 SqFt
- Rooms
- 0 Beds + 0 Baths
Re/Max Twin City Realty Inc
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