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152 Terrace Hill Street Image 1

$1,150,000

Dec 17, 2024Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X11895372

152 Terrace Hill Street, Brantford, ON N3R 1G6

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Average Price
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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 152 Terrace Hill Street

RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. **EXTRAS** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters.

Home Overview

Last updated

Mar 3

Virtual tour

None

Basement information

Building size

2115

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Listed by EXP REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Other
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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