175 MARKET Street, Brantford ON N3T 3A6 Photo 1

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175 MARKET Street -

Great investment opportunity downtown Brantford! This 5plex offers 5 - two bedroom units each with one bath. This property is packed with lots of renovations totalling over $80K including new laundry, new washrooms and floors for all units and some new kitchens. Two units rent for $800 all-inclusive, one unit rents for $750 all-inclusive, one unit rents for $900 all-inclusive and the other unit rents for $650 and the tenant pays own utilities. Property taxes $3727.35, Insurance $1213.63, Heat $2304.50, Hydro $4508.30, Repairs $1000, Water $1180.60, water heater rental $359.24 total expenses $13,838.62 total rental income yearly $46,800, laundry income $800, total income $47,600. Gross net income $33,761.38.

Property Details

  • ID: B56511
  • Baths: 5 (Full: 5 3/4: 0 1/2: 0 Other: 0)
  • Storeys: 0
  • Living Area: 4,636 Square Feet
  • Property ID: 101095605
  • Status: Sold
  • Parking Type Description: None 0 cars
  • County: Brantford
  • Style: Other
  • Total Rooms: 25
  • New Construction: No
  • Neighbourhood: Downtown Core

Features

Exterior Wood, Brick
Features Area Influences Public Transit
Foundation Stone, Poured concrete
Garage Type None
Heat Source Gas, Electric
Heat Type Radiant, Forced Air
Other Water Expense - 1366.00, Water - Municipal, Sewers - Storm, Property Type - Multi-Family, Property Sub Type - Residential, Physically Handicapped Equipped - 0, Ownership Type - Freehold, Occupancy - Tenant, Number Total Units - 5, Number 5 Plus Piece Bathrooms - 0, Number 4 Piece Bathrooms - 0, Number 3 Piece Bathrooms - 5, Number 2 Piece Bathrooms - 0, Number 2 Bedroom Units - 5, Laundry Y/N - 1, Fronting On - East, Exclusions - Tenants Belongings., Elevator Y/N - 0, Basement Size - Full, Acres Range - < 0.5
Under Contract Water Meter
Listed By Manny Munir of CENTURY 21 Professional Group Inc., Brokerage*