171 NELSON Street
Brantford, Ontario
MLS® 40827612
$649,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40827612
- Bedrooms
- 10
- Bathrooms
- 4
- Year built
- 1900
1 / 40Listing description
Build Wealth with this High-Performing Income Property! A solid 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, two driveways, and plenty of parking.
This income-producing powerhouse has 3,941sq. ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.
27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or 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.
Book a private viewing for this lucrative investment property!
Property summary
- MLS® number
- 40827612
- Property type
- Multi-family
- Building type
- Fourplex
- Square footage
- 3,941 sq ft
- Title
- Freehold
- Land size
- 0.25 acres
- Built in
- 1900
- Annual property taxes
- $6,141.17
- Parking
- 13 spaces · Detached Garage
- Days on market
- 77 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Partially finished, Full
- Exterior features
- Brick
- Lot features
- Crushed stone driveway
- Community features
- Quiet Area
What would this home cost you?
Based on the $649,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Re/Max Twin City Realty Inc, Brantford.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.