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212 Chatham Street Brantford, Ontario N3S 4G8

5 Bedroom 2 Bathroom 2060 sqft
Central Air Conditioning Forced Air

$624,900

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:61445)

Property Details

MLS® Number 40831389
Property Type Multi-family
AmenitiesNearBy Public Transit
EquipmentType Water Heater
RentalEquipmentType Water Heater

Building

BathroomTotal 2
BedroomsTotal 5
BasementDevelopment Unfinished
BasementType Partial (unfinished)
ConstructedDate 1900
CoolingType Central Air Conditioning
ExteriorFinish Brick, Metal
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2060 Sqft
Type Duplex
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeDepth 132 Ft
SizeFrontage 32 Ft
SizeIrregular 0.1
SizeTotal 0.1 Ac|under 1/2 Acre
SizeTotalText 0.1 Ac|under 1/2 Acre
ZoningDescription C7-2, Rc

https://www.realtor.ca/real-estate/29797805/212-chatham-street-brantford

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Peter Ligori
Salesperson


RE/MAX Twin City Realty Inc
515 Park Road North-Suite B
Brantford, Ontario N3R 7K8

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