9 Park Avenue Brantford, Ontario N3S 5G9
$1,099,900
Attention Investors & Large Families!!! This is an incredible triplex investment property that offers lots of potential. All brick, well built and cared-for property is offering over 3400 sqft of living space along with a detached double car garage & parking for an additional 8 vehicles. Two larger almost identical units on 2nd & 3rd Floors are 3 Bedroom 1 bath units featuring hardwood floors, and ceramic tiles along with a spacious living room & an Eat in Kitchen! Lower level two-bedroom unit #1 is owner-occupied and well cared for & also offers a spacious living room, Eat-in kitchen and a full bathroom. Roof shingles and front and rear doors were replaced in 2014. Windows were replaced in 2002. Separate utilities for all units. As a bonus, the backyard provides a Covered porch and a nicely landscaped yard to sit back and relax in! Unit 2 is currently leased to the tenant until April 1. 2023. Unit 3 is vacant and unit 1 will be vacated by the owners. Laundry can be converted to Coins for additional income. Projected NOI $60,400.00 Cap rate 5.5%! Close to the downtown core and the 403. (id:52900)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | H4153645 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Features | Double Width Or More Driveway, Paved Driveway |
| Parking Space Total | 10 |
| Rental Equipment Type | Water Heater |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer, Window Coverings |
| Architectural Style | 3 Level, Multi-unit |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1964 |
| Construction Style Attachment | Detached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Fire Protection | Fire Alarm System |
| Fireplace Fuel | Electric |
| Fireplace Present | Yes |
| Fireplace Type | Other - See Remarks |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Exterior | 2280 Sqft |
| Size Interior | 2280 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 119 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 119 |
| Size Total Text | 66 X 119|under 1/2 Acre |
| Zoning Description | Rc |
https://www.realtor.ca/real-estate/25179016/9-park-avenue-brantford
Rob Golfi
Salesperson
(905) 575-1962
HTTP://www.robgolfi.com
1 Markland Street
Hamilton, Ontario L8P 2J5
(905) 575-7700
(905) 575-1962
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March 28 2023 12:07:25
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Golfi Realty Inc.