47 Whitehead Street Brantford, Ontario N3S 2N7
$1,750,000
Truly A Rare-Gem! Selling at a TRUE and Spectacular 4.3% Caprate! Entire Building Rented to a Reputable Non-Profit Organization for $7,000/month + All Utilities & HWT Rentals for 5 Years! NO Property Management, NO Vacancies, NO Lawn Care & NO Driveway Maintenance, All Taken Care of by Tenant! All Appliances Are Under 5 Year Warranty from The Brick! You DON'T pay for Anything Except for Property Taxes ($5,241 in 2022) & Property Insurance (Currently $3,300). $84,000 in Gross Rent & NET INCOME of $75,459 + Provisions for Annual Rent Increases! Sit Back & Relax as Rent is Deposited into Your Account Monthly From ONLY ONE TENANT! A True Investor's Dream! A Unique, 5-Unit Apartment Building In One Of Ontario's Fastest Growing Cities! Close To $350,000 Spent In Major Upgrades & Renovations. ESA Certificate Available! Five 2-Bedroom Units, Each Unit with Own Parking. 6 Hydro Meters, 6 HW Tanks. Common Laundry Room! One of the Best Deals Out There! NEW Eavestroughs, Soffits, & Downspouts (2022), Upgraded Electrical (2022), Upgraded Plumbing (2022), New Baseboard Heaters (2022), New Appliances (2022) New Smoke & CO Detectors (2022), New Back Deck (2022), New Awnings (2022), New Subflooring (2022), New Light Fixtures (2022), New Flooring, Baseboards, & Painting (2022), Brand New Kitchen Cabinets (2022), New Landscaping (2022), Potlights (2022), Some New Windows (2022), New Vanities, Toilets, Bathtubs, & Tiling (2022), New Bathroom & Stove Exhaust Fans (2022), Most New Doors (2022), Roof (2016). (id:47723)
Property Details
| MLS® Number | 40305611 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools |
| Community Features | Community Centre |
| Features | Southern Exposure, Paved Driveway |
| Parking Space Total | 6 |
| Structure | Porch |
Building
| Bathroom Total | 5 |
| Bedrooms Total | 10 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1965 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Stories Total | 2 |
| Size Interior | 3614 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 112 Ft |
| Size Frontage | 70 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | F-r4a |
https://www.realtor.ca/real-estate/24744141/47-whitehead-street-brantford
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August 06 2022 05:59:09
Mississauga Real Estate Board
Right At Home Realty