152 TERRACE HILL Street Terrace Hill (Brantford, Ontario, CA - N3R 1G6) Built

$1,250,000

RE/MAX Twin City Realty Inc. Brokerage

Wally Olivieri Wally Olivieri 519-759-5494 (Office) 888-759-5494 (Office) 519-770-5478 (Cell) Request More Info

  • Great opportunity to build your portfolio!
  • Type: Multifamily
  • Style: Fourplex
  • Bedrooms: 5 "3-1bdrm, 1-2bdrm"
  • Bathrooms: 4
  • Garage: Double, Detached
  • Size: 2,115 sq. ft.
  • Development Level: Built
  • Lot Type: Irregular
  • Lot Size: 0.5 acres 41.73ft x 0ft
  • Year Built: 1890
  • Taxes: $3,939.00 (2022)
  • MLS ® #: 40412133
  • Basement: Yes, Full

Description

STOP SCROLLING…Attention all investors looking at building their portfolio. Welcome to 152 Terrace Hill Street in North Ward here in the City of Brantford. This property has been well maintained over the years and has just been through a complete facelift of all the units including the possibility of adding a 5th unit as the plans have already been completed. This property consists of 3-1 bedroom and 1-2 bedroom units all self-contained with tenants covering their own expenses other than water, making this a solid investment offering positive cash flow. Property includes a detached 2-1/2 car garage that you can rent out to add to your monthly income. Capital expenses completed include: All 4 units have just been completely renovated with each having their own hot water tanks, heating systems, all new stainless steel appliances and washer and dryers for each unit and the basement of the property has been waterproofed as well. Other updates include: main roof was replaced in 2019, windows, soffits, fascia and eavestrough were all done approximately 10 years ago, all exterior doors were replaced in 2017, front walkways done 2016 and also includes in-ground sprinkler system. Close to the hospital, schools, university, shopping, parks, bus route, and all your everyday amenities and to add to the convenience this property is located just a short drive to HWY 403 access making it a great area even for the everyday commuter.
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Information is deemed to be correct but not guaranteed.

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