415 Chatham Street No longer available

Brantford, Echo Place, N3S 4J4

$964,000

Description

Listed by Revel Realty Inc.

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.

Hot Water Tank Owned,Fridge X3, Stove X3, Dishwasher X3, Washer X3, Dryer X3

Location

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  • Address: 415 Chatham Street
  • Neighborhood: Echo Place
  • City: Brantford
  • State: ON
  • Postal Code: N3S 4J4

Property Details

  • Property ID: 40622250
  • Property Price: $964,000
  • Style: Multi-3 Unit, Residential Income
  • Sq/Ft: 2604
  • Bath: 3
  • Parking Spaces: 5
  • Year Built: 1965
  • Basement: Walk-Out Access, Full, Finished
  • Heating: Baseboard, Radiant
  • Taxes: $3,475.57 (2023)
  • Exposure: South
  • # of stories: 2

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Property History

This property has been sold 4 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

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

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