171 NELSON Street, Brantford, Ontario N3S4B7

Listing courtesy of Re/Max Twin City Realty Inc.

$649,900
10
BD
4
BA
3,941
SqFt

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List Price
$649,900
Status
ACTIVE
Days on Market
71
MLS® #
BrantfordRegionalRealEstateAssnInc-40827612
Year Built
1900
Bedrooms
10
Bathrooms
4
Living Area
3,941
Lot Size
10,890
Acres
0.25
Subdivision
2045 - East Ward
Neighborhood
2045 - East Ward

Property Description

Build Wealth with this High-Performing Income Property! A solid all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44’6” x 28’6” detached garage/workshop, a wraparound covered front porch, two driveways, and plenty of parking. This income-producing powerhouse has 3,941sq.ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or upon request. Whether you’re growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Book a private viewing for this lucrative investment property! (id:5764)

Additional Information

Exterior Features
Brick
Taxes
$6,141
Community Features
2045 - East Ward
Heating
Forced air, Natural gas
Air Conditioning
None
Stories
2.5
Foundation
Stone
Parking Features
Detached Garage

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Calculator source: Real Geeks