Description

An excellent purpose-built FOURPLEX in a gorgeous location in Brantford, facing Bellview Park and the Grand River, with 4 LARGE-SIZED 2-bedroom units and SEPARATELY METERED hydro (paid by the tenants), along with stoves and fridges (owned), and a LARGE vacant basement. Well-maintained, brick-to-roof, newer plumbing and electrical, steady income, and good UPSIDE on current rents. This profitable investment property generates $55,347.60 in gross revenue, with minimal expenses of $10,672.23 (2021: property tax, insurance, water, hot water tanks rental, and hydro for main areas), producing a solid net operating income of $44,675.37 annually, with a significant potential INCREASE based on market rents! Notice is required for showings, so please call ahead to secure your viewing.