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81 East Avenue Brantford, Ontario N3S 3L6

4 Bedroom 3 Bathroom 2145 sqft
Central Air Conditioning Forced Air

$644,900

This is a fire rated brick triplex. Unit 1 is rented for $777. A new gas furnace was installed in 2023. It is a long term tenant and the market rent would be $1500. It is the main floor of the original house. Unit 2 is rented for $1333; it is a 2 bed with a balcony. The bathroom was redone about 3 years ago with an oversized shower. It is the total upstairs of the main house. Unit 3 is on the main floor of an addition to the back of the house. it has a covered porch and access to half of the back yard. The unit was totally renovated in 2024 ceiling to floor plus a new f/a gas furnace and central air. I have used a projected rent of $1600. Note: Tenants pay all utilities, gas, hydro and water (separate meters). rent $44450 less costs Taxes $3479, insurance $3000 and water heater rentals $432.n Tot Expense $6911. Net Income $37609 5.85 CAP RATE. (id:23705)

Property Details

MLS® Number 40665417
Property Type Multi-family
AmenitiesNearBy Hospital, Public Transit
Features Paved Driveway
ParkingSpaceTotal 1
Structure Porch

Building

BathroomTotal 3
BedroomsTotal 4
BasementDevelopment Unfinished
BasementType Partial (unfinished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2145 Sqft
Type Triplex
UtilityWater Municipal Water

Land

AccessType Road Access, Highway Access
Acreage No
LandAmenities Hospital, Public Transit
Sewer Municipal Sewage System
SizeFrontage 50 Ft
SizeIrregular 0.14
SizeTotal 0.14 Ac|under 1/2 Acre
SizeTotalText 0.14 Ac|under 1/2 Acre
ZoningDescription Rc

https://www.realtor.ca/real-estate/27604524/81-east-avenue-brantford

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