Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross income $76,728.00. Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (id:60234)
MLS® Number | 40654678 |
Property Type | Other |
Community Features | High Traffic Area |
Basement Type | Partial |
Constructed Date | 1855 |
Exterior Finish | Brick |
Stories Total | 2 |
Size Exterior | 3644.0000 |
Size Interior | 3,644 Ft2 |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Frontage | 68 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C4 |
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