254 Brant Avenue , Brantford, ON N3T 3J5
Brantford, ON N3T 3J5
Description
Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $1000.00, $1435.00. Gross income $76,728.00. Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio.
Details
| MLS# | 40654678 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1855 |
| Days On Site | 76 |
| Listing Provided By | Royal LePage Action Realty | Lance Calbeck |
Features
| SQ Feet | 3,644 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | C4 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Brantford |
| City | Brantford |
| Zip Code | N3T 3J5 |
| Area | 2028 Henderson | Holmedale |
| Subarea | 2037 Lansdowne |
| Community Name | 2037 Lansdowne |
| Listing VS Median (in 2037 Lansdowne) | |
Price: $1,100,000 low | high Med: $1,100,000 SqFt: 3,644 low | high Med: 3,644 $ / SqFt: $302 low | high Med: $302 On Site: 76 low | high Med: 76.000000 | |