171 Nelson Street Brantford, Ontario N3S 4B7

10 Bedroom 4 Bathroom 3,941 ft2
None Forced Air

$649,900

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! (id:61194)

Property Details

MLS® Number 40827612
Property Type Multi-family
Amenities Near By Park, Public Transit, Schools, Shopping
Community Features Quiet Area
Equipment Type Water Heater
Features Crushed Stone Driveway
Parking Space Total 13
Rental Equipment Type Water Heater
Structure Workshop, Shed, Porch

Building

Bathroom Total 4
Bedrooms Total 10
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1900
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3,941 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 82 Ft
Size Irregular 0.25
Size Total 0.25 Ac|under 1/2 Acre
Size Total Text 0.25 Ac|under 1/2 Acre
Zoning Description Nlr (f9 A270 C40)
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