81 EAST Avenue, Brantford, Ontario
$644,900
- 4 Beds
- 3 Baths
- 2,145 Square Feet
This is a fire rated brick triplex. Unit 1 is rented for $777. A new gas furnace was installed in 2023. It is a long term tenant and the market rent would be $1500. It is the main floor of the original house. Unit 2 is rented for $1333; it is a 2 bed with a balcony. The bathroom was redone about 3 years ago with an oversized shower. It is the total upstairs of the main house. Unit 3 is on the main floor of an addition to the back of the house. it has a covered porch and access to half of the back yard. The unit was totally renovated in 2024 ceiling to floor plus a new f/a gas furnace and central air. I have used actual rent of $1500. Note: Tenants pay all utilities, gas, hydro and water (separate meters). rent $43320 less costs Taxes $3479, insurance $3000 and water heater rentals $432.n Tot Expense $6911. Net Income $36409. 5.6 CAP RATE. (id:56241)
- Listing ID: 40665417
- Property Type: Multi-family
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Listing provided by Royal LePage Action Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 81 EAST Avenue in Brantford Ontario. It was last modified on November 1st, 2024. Contact us to schedule a viewing or to discover other Brantford real estate for sale.