254 Brant Avenue, Brantford
- Bedrooms: 3
- Bathrooms: 5
- Living area: 3644 square feet
- Type: Commercial
- Added: 26 days ago
- Updated: 25 days ago
- Last Checked: 17 hours ago
Attention investors. Welcome to 254 Brant Ave. Featuring, an all brick building with 3467 sq. ft. of finished space. 2 separate ground floor commercial units (1 Lease), each unit has a 2 piece washroom, and shareable common lunchroom. Gross monthly rent $3109. Upstairs, three updated 1 bedroom, 1 bathroom apartments. Monthly rent $850.00, $750.00, $1450.00. Gross income $73,908.00, Expenses: Gas $3044.49, hydro $3106.33 water $926.32, building insurance $1894.00 Property taxes $7189.00. Total expenses $16,160.14. net operating income $57,747.86. Cap rate of 5.2% Beautifully maintained, fully rented, mixed use commercial building located on one of Brantford's main arterial roads. Commercial unit has separate entrances on the back and the side. Paved parking with 7 spaces. Long term, excellent tenants provide a steady stream of income and make this a great investment. This building is in pristine condition and would make an excellent addition your property portfolio. (id:1945)
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Nearby Listings Stat
Active listings
7
Min Price
$649,900
Max Price
$1,949,919
Avg Price
$1,067,073
Days on Market
50 days
Sold listings
1
Min Sold Price
$1,899,000
Max Sold Price
$1,899,000
Avg Sold Price
$1,899,000
Days until Sold
58 days
