Address
13 Usher Street, Brantford, ON
Price
$ 499,900
Property Attributes
  • ID#40851621
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityBrantford
  • CityBrantford
  • AreaBrantford
  • Neighbourhood2042 - North Ward
  • Postal CodeN3R 1B8
  • Style
  • Year Built1906
  • Price$ 499,900
  • Bedrooms4
  • Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2124
Data Source:
Canadian Real Estate Association (CREA)
Property Description

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. (id:7434)

General Features

Features Southern exposure, Paved driveway
Property Type Multi-family
Zoning Description NLR
Amenities Hospital
Building Cooling Type Central air conditioning
Location Description West to Buffalo. left onto Washington. Left onto usher
Parking Space Total 5
Foundation Type Stone
Building Type Triplex
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Unfinished
Basement Type Full (Unfinished)
Living Area Range 2124
Bedrooms 4

Exterior Features

Land Amenities Hospital
Sewer Municipal sewage system
Exterior Finish Brick

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 N3R 1B8

Price
AVG $500K
$500K
Year Built
AVG 1906
1906