Address: 171 NELSON Street, Brantford FOR SALE Subdivision: 2045 - East Ward Postal Code: N3S4B7 Style: Type: Multi-family Fourplex Bedrooms: 10 Bathrooms: 4 Parking: Detached Garage Garage: Detached Garage Lot Size (Approximate): 82 ft x 132 ft Property Size (Approximate): 0.25 Stories: 2.5
About 171 Nelson Street
Build Wealth with this High-Performing Income Property! An impressive all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44’6� x 28’6� detached garage/workshop, a wraparound covered front porch, and plenty of parking. This outstanding 3,941sq.ft. income-producing powerhouse generates over $100,000 in annual rental income and a fantastic 12.27% cap rate. The rental income is as follows: Basement Unit: $1,350/month + hydro; Main Floor Unit: $2,200/month all-inclusive; 2nd Floor Unit: $2,750/month all-inclusive; Attic Unit: $1,500/month + hyrdo(tenant recently vacated and it was left vacant by the current owner so the new owner can choose their own tenant and rent at the market rate). The financials for the property are attached to the MLS listing for your realtor to access for you and a copy is also available upon request. Whether you’re growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Don’t miss out on this lucrative investment property! Book a viewing today! (id:56071). Get more information on 171 Nelson Street
Property Features
Features: Crushed stone driveway Rental Equipment: Water Heater Directions: Clarence Street/ Nelson Street Zoning Description: NLR (F9 A270 C40) Interior Size (Approximate): 3941 sqft Fence: Partially fenced Community Features: Quiet Area Lot (Approximate): 0.25 ac|under 1/2 acre 0.25 Exterior Finish: Brick Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / None Age (Approximate): 1900 Foundation: Stone Constructed Date: 1900 Basement: Full (Partially finished) Partially finished
Rooms & Sizes
(Approximate)
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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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