152 Terrace Hill Street

  • $1,150,000
152 Terrace Hill Street
  • Single Family
  • Property Type
  • 5
  • Bedrooms
  • 0
  • Bathroom
  • 2115
  • sf

Overview

  • Single Family
  • Property Type
  • 5
  • Bedrooms
  • 0
  • Bathroom
  • 2115
  • sf

Description

RENOVATED FOURPLEX on DEEP LOT and DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat and Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, and 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. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters.

  • Address 152 Terrace Hill Street
  • City Brantford
  • State/county ON

Details

Updated on November 4, 2024 at 10:19 am
  • Price: $1,150,000
  • Property Size: 2115 sf
  • Bedrooms: 5
  • Bathroom: 0
  • Property Type: Single Family
  • Property Status: For Sale

Contact Information

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Jake Nicolle

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Jake Nicolle
  • Jake Nicolle