Newsletter
For exclusive news and market updates sign up for Impactโs newsletter
Attention Investors & Large Families!!! This is an incredible triplex investment property that offers lots of potential. All brick, well built and cared-for property is offering over 3400 sqft of living space along with a detached double car garage & parking for an additional 8 vehicles. Two larger almost identical units on 2nd & 3rd Floors are 3 Bedroom 1 bath units featuring hardwood floors, and ceramic tiles along with a spacious living room & an Eat in Kitchen! Lower level two-bedroom unit #1 is owner-occupied and well cared for & also offers a spacious living room, Eat-in kitchen and a full bathroom. Roof shingles and front and rear doors were replaced in 2014. Windows were replaced in 2002. Separate utilities for all units. As a bonus, the backyard provides a Covered porch and a nicely landscaped yard to sit back and relax in! Unit 2 is currently leased to the tenant until April 1. 2023. Unit 3 is vacant and unit 1 will be vacated by the owners. Laundry can be converted to Coins for additional income. Projected NOI $59000.00 Cap rate 4.93%! Close to the downtown core and the 403. (id:48215)
Business Type | Residential |
Business Sub Type | Residential |
MLS® Number | H4153645 |
Property Type | Multi-family |
Equipment Type | Water Heater |
Features | Double Width Or More Driveway, Paved Driveway |
Parking Space Total | 10 |
Rental Equipment Type | Water Heater |
Appliances | Dryer, Refrigerator, Stove, Washer, Window Coverings |
Architectural Style | 3 Level, Multi-unit |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1964 |
Construction Style Attachment | Detached |
Cooling Type | Window Air Conditioner |
Exterior Finish | Brick |
Fire Protection | Fire Alarm System |
Fireplace Fuel | Electric |
Fireplace Present | Yes |
Fireplace Type | Other - See Remarks |
Foundation Type | Block |
Heating Fuel | Electric |
Heating Type | Radiant Heat |
Stories Total | 3 |
Size Exterior | 2280 Sqft |
Size Interior | 2280 Sqft |
Type | Triplex |
Utility Water | Municipal Water |
Detached Garage |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 119 Ft |
Size Frontage | 66 Ft |
Size Irregular | 66 X 119 |
Size Total Text | 66 X 119|under 1/2 Acre |
Zoning Description | Rc |
https://www.realtor.ca/real-estate/25179016/9-park-avenue-brantford
Rob Golfi
Salesperson
(905) 575-7700
(905) 575-1962