415 Chatham St, Brantford, N3S 4J4

Home Overview

Description

CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted, with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, and some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel, and the lower unit is wired for separate metering. A fantastic turnkey triplex!

1 month

On Market

Triplex

Property Type

$4,686 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

51-99

Years Old