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415 Chatham Street Brantford, Ontario N3S 4J4

6 Bedroom 3 Bathroom 2604 sqft
None Baseboard Heaters, Radiant Heat

$964,000

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, 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. You don’t want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades. (id:31697)

Property Details

MLS® Number 40622250
Property Type Multi-family
AmenitiesNearBy Park, Schools, Shopping
CommunityFeatures Quiet Area
ParkingSpaceTotal 5
Structure Shed

Building

BathroomTotal 3
BedroomsTotal 6
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1965
CoolingType None
ExteriorFinish Brick
FoundationType Brick
HeatingType Baseboard Heaters, Radiant Heat
StoriesTotal 2
SizeInterior 2604 Sqft
Type Triplex
UtilityWater Municipal Water

Land

Acreage No
FenceType Fence
LandAmenities Park, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 126 Ft
SizeFrontage 50 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R1c

https://www.realtor.ca/real-estate/27186727/415-chatham-street-brantford

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