254 Darling Street No longer available

Brantford, Downtown Core, N3S 3X4

$524,900

Description

Listed by Revel Realty Inc..

Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcome addition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a family member. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front (w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units include separate hydro meters & are uniquely connected at the interior basement level also maintaining separate hot water heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear) while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down. This property offers plenty of upside with the ability to consider building out a garage suite or to convert the main house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing asset with ADU upside potential in a declining interest rate environment where rental rates are stable and gradually climbing! Property is a must see!

None,2 Fridges, 2 Stoves, 1 Range-Hood, Washer & Dryer

Location

View Map
  • Address: 254 Darling Street
  • Neighborhood: Downtown Core
  • City: Brantford
  • State: ON
  • Postal Code: N3S 3X4

Property Details

  • Property ID: 40667073
  • Property Price: $524,900
  • Style: Duplex Up/Down, Residential Income
  • Sq/Ft: 1835
  • Bath: 2
  • Garages Spaces: 1
  • Parking Spaces: 3
  • Basement: Separate Entrance, Full, Unfinished
  • Exterior: Brick Veneer, Vinyl Siding
  • Heating: Radiant
  • Taxes: $2,635.02 (2024)
  • Exposure: West
  • # of stories: 2

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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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