$ 699,000
162 CHATHAM Street Brantford, ON N3S4G4
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$ 699,000
Est. payment /mo
Price Dropped by $50K
162 CHATHAM Street Brantford, ON N3S4G4
8 Beds
4 Baths
4,251 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,251 sqft
Price per Sqft $164
Subdivision 2045 - East Ward
MLS® Listing ID 40657758
Bedrooms 8
Originating Board Brantford Regional Real Estate Assn Inc
Lot Size 6,577 Sqft
Acres 6577.56
Property Description
A Great Investment Opportunity! This impressive property has approximately 4,251sq.ft. above-grade plus a finished basement and there is a detached garage that offers the potential for an additional residential unit. Unit 1 features 4 bedrooms, 2 bathrooms, a covered front porch, large room sizes with a huge living room and dining room with pocket doors, a big eat-in kitchen, in-suite laundry, and a finished basement that has a recreation room and plenty of storage space. Unit 2 is currently vacant so you can set your own rent, and the new tenant can pay their proportionate share of the utilities based on square footage of the unit as per Ontario Regulation 349 and this unit offers 2 huge bedrooms, hardwood flooring, a big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. Unit 3 has 2 large bedrooms, a bright living room with laminate flooring, a gas fireplace, another big eat-in kitchen, in-suite laundry, and a 4pc. bathroom. The 20’6” x 18’4” detached garage in the backyard could be rented as well but it also has the potential to be converted into an additional residential unit. The deck and fully fenced backyard space are shared by all tenants. This solid brick property has a fire escape, a new gas boiler was installed in October 2022, the character and charm of high ceilings and 10” baseboards, hardwood flooring and laminate flooring, on-demand water heater, large room sizes, and more. An excellent investment opportunity that generates more than $65,000 in annual rental income. Book a viewing before it's gone! (id:24570)
Location
State ON
Exterior
Garage Yes
Fence Fence
Community Features Quiet Area
Waterfront No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Re/Max Twin City Realty Inc