152 TERRACE HILL STREET

Single Family For Sale in Brantford, Ontario

$1,050,000
RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. **** EXTRAS **** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters (id:4069)
Address 152 TERRACE HILL STREET
List Price $1,050,000
Property Type Single Family
Type of Dwelling Fourplex
Area Ontario
Sub-Area Brantford
Bedrooms 4
Bathrooms 4
Lot Size 41.73 x 188.08 FT Sq. Ft.
MLS® Number X8302774
Listing Brokerage EXP REALTY
Basement Area Full
Postal Code N3R1G6
Site Influences Hospital, Park, Public Transit, Schools, Place of Worship

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Marcia Grove Realty Team

Keller Williams Innovation Realty, Brokerage

640 Riverbend Dr, Kitchener ON N2K 3S2

Office: 226.240.3252

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