212 CHATHAM Street, Brantford FOR SALE

Brokered by: Re/Max Twin City Realty Inc

MLS®: 40831389 (Freehold)

Price: $599,900.00

Address: 212 CHATHAM Street, Brantford
FOR SALE
Subdivision: 2045 - East Ward
Postal Code: N3S4G8
Style: 
Type: Multi-family Duplex
Bedrooms: 5
Bathrooms: 2
Lot Size:   32 ft x 132 ft
Property Size:  0.1
Stories:  2


About 212 Chatham Street

Fully renovated duplex with separate utilities and exceptional income potential. Currently vacant, offering the perfect opportunity for investors to set their own rents or for owner-occupiers looking to live in one unit while having the second unit help pay the mortgage. Unit 1 features 3 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms + den and 1 bathroom. With projected market rents, the property is estimated to generate just under $50,000 in gross annual income and over $46,000 net income with a 7.4% Cap Rate Notable updates include new plumbing, electrical and breaker panels. One furnace replaced in 2023. Roof and majority of windows approximately 8 years old. 3 bedroom unit features two brand new exterior doors, while remaining windows,doors and roof were updated approximately 8 years ago. Turn-key opportunity with strong cash flow potential and flexibility for investors or multi-generational living. (id:56071). Get more information on 212 Chatham Street

Property Features

Rental Equipment:  Water Heater
Zoning Description:  C7-2, RC
Interior Size:  2060 sqft
Lot:  0.1 ac|under 1/2 acre 0.1
Exterior Finish:  Brick, Metal
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age:  1900
Foundation: Block
Constructed Date:  1900
Basement:  Partial (Unfinished) Unfinished

Rooms & Sizes

     

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John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.