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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$649,900
Available - For Sale
Listing ID: X9382489
24 DUKE St , Brantford, N3T 3T4, Ontario


Investment Opportunity: Fully Rented Turnkey Income Property! Featuring four units, two of which have been recently updated. The property boasts a respectful tenant profile and currently generates an impressive gross income of $59,004 annually from residential units alone. Additionally, there is potential income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don't miss the chance to add this asset to your portfolio.
Price $649,900
Taxes: $4236.42
Address: 24 DUKE St , Brantford, N3T 3T4, Ontario
Lot Size: 39.00 x 67.74 (Feet)
Directions/Cross Streets: WEST ST TO DUKE ST
Rooms: 17
Bedrooms: 5
Bedrooms +: 1
Kitchens: 4
Family Room: N
Basement: Part Fin
Approximatly Age: 100+
Property Type: Fourplex
Style: 2-Storey
Exterior: Alum Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.
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1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
 
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At a Glance:
Type: Freehold - Fourplex
Area: Brantford
Municipality: Brantford
Neighbourhood:
Style: 2-Storey
Lot Size: 39.00 x 67.74(Feet)
Approximate Age: 100+
Tax: $4,236.42
Maintenance Fee: $0
Beds: 5+1
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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