415 Chatham Street Active

Brantford,ON N3S 4J4

$ 814000

6 Beds

3 Baths

1736 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,736 sqft

Price per Sqft $468

MLS Listing ID 40734795

Bedrooms 6

Abv Grd Liv Area 2,604

Year Built 1965

Annual Tax Amount $4,686

Property Sub-Type Multi-3 Unit

Source Brantford

Property Description

CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street,
Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!!
With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both
immediate cash flow, currently over $2400/month (with the potential for more) and long-term value
appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a
newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor
variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit
both have their own separate panel and the lower unit is wired for separate metering. You don't want to miss
out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of
upgrades.

Location

Province ON

County Brantford

Area 2049 - Echo Place/Braneida

Zoning NLR

Direction Colborne St E to Second Ave to Chatham St

Rooms

Other Rooms Shed(s)

Basement Walk-Out Access,Full,Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls

Heating Baseboard,Radiant

Cooling None

Fireplace No

Appliance Hot Water Tank Owned,Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Fence Full

Roof Type Asphalt Shing

Porch Deck

Lot Frontage 50.0

Lot Depth 126.0

Garage No

Building

Lot Description Park,Quiet Area,Schools,Shopping Nearby

Faces Colborne St E to Second Ave to Chatham St

Story 2

Foundation Brick/Mortar

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 321240088

Ownership Freehold/None

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