Address: 169 DARLING Street, Brantford FOR SALE Subdivision: 2045 - East Ward Postal Code: N3S3W5 Style: Type: Multi-family Fourplex Bedrooms: 0 Bathrooms: 0 Parking: Open Garage: Open Lot Size: 85 ft x 132 ft Property Size: 0.26 Stories: 3
About 169 Darling Street
Welcome to 169 Darling Street, a solid and well-maintained four-plex offering an excellent investment opportunity with immediate rental income. This fully tenanted property provides reliable cash flow while still offering future upside potential for investors looking to further improve the net operating income. The building features a durable and attractive restored brick exterior and sits on a rare double lot, providing ample on-site parking for tenants. Major updates have already been completed, including a newer roof, replacement windows, updated plumbing and electrical systems, and upgraded HVAC components, offering peace of mind and reduced maintenance for years to come. The property is also equipped with interconnected smoke alarms, enhancing safety and compliance. Two of the four units have been thoughtfully renovated within the past few years, showcasing modern updates that appeal to today’s tenants. Additionally, the property benefits from owned water heaters, helping to keep operating expenses manageable. With half of the units currently on updated rents and the remaining units presenting future rental growth potential, there is clear opportunity to further enhance the property’s income and overall return. Ideally located close to shopping, public transit, schools, and everyday amenities, 169 Darling Street is well-positioned to attract and retain tenants. With its strong income profile, attractive cap rate potential, and value-add opportunities, this turnkey four-plex is a compelling addition to any real estate portfolio. (id:56071). Get more information on 169 Darling Street
Property Features
Features: Paved driveway Rental Equipment: Directions: Travelling north on Clarence Street, turn right onto Darling Street. Zoning Description: C3-1 Interior Size: 1800 sqft Lot: 0.26 ac|under 1/2 acre 0.26 Exterior Finish: Brick Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / None Age: 1881 Constructed Date: 1881 Basement: Full (Finished) Finished
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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