415 Chatham

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Description

CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. This is a fantastic turnkey triplex to add to your portfolio.

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Additional media

https://youtu.be/0ErGxfS1UVc

Property taxes

$3,475.57 per year / $289.63 per month

Basement

Fin W/O

Basement

Full

Year build

51-99

Type

Triplex

Bedrooms

4 + 2

Bathrooms

3

Parking spots

5.0 Total

Floor

-

Balcony

-

Pool

None

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Baseboard

Fire place(s)

N