130 West Street Brantford, Ontario N3T 3G1

$599,900

Attention investors!! This solid investment is situated in a rapidly growing area, steps to the VIA train station and minutes from Wilfred Laurier University, as well as Conestoga College and Downtown Brantford. The main level unit offers a ton of space providing an eat-in kitchen, large living room with hardwood flooring a bedroom and den area that could be utilized as a second bedroom. It also offers access to the wrap around porch and there's plenty of storage in the basement that also houses a laundry area. The upper level features two bedrooms, an eat-in kitchen, bathroom and upper loft area. This large duplex had a Retrofit completed on 2005 and the shingles just replaced in 2021. Income: Upper 2 bed + loft renting on a month to month basis for $1050 + gas + hot rental. Lower unit 1 bed plus den that could be second bedroom, renting for $1100 on a month to month basis (inclusive). Gross income $25,800. Expenses: Hydro $2673, Water 1172, Gas (lower unit) $1462,Water Heater rental (lower unit) $408, Insurance $1426, Property Taxes $3068.46. Totalling $10,209.46. Providing a net income of $15,590.54. There are two separate furnaces and two water tanks. Tenants are willing to stay if buyer prefers. There's been a recent surge of investors expanding their portfolios to include buildings in the immediate area. A great move for someone looking for an investment property or someone looking for an affordable place to live while acquiring extra income from a rented unit to help pay for expenses. *Square footage measurement taken from GeoWarehouse- Exterior measurements* (id:47723)

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https://www.realtor.ca/real-estate/24779112/130-west-street-brantford