Added 6 days ago
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Type: Triplex
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Style: 2-Storey
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Size: 1500 sqft
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Lot Size: 50 x 126 Feet
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Age: 51-99 years
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Taxes: $3,476 per year
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Days on Site: 3 Days
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Added: Sep 09, 2024 (6 days ago)
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Updated:
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Last Checked: 2 hours ago
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MLS®#: X9308289
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Listed By: Revel realty inc.
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. You don't want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades.
Upcoming Open Houses
We do not have information on any open houses currently scheduled.
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Property
Status: Sale
Property Type: Triplex
Style: 2-Storey
Size (sq ft): 1500
Age: 51-99
Area: Brantford
Availability Date: Flexible
Assessment Amount: $305,000
Assessment Year: 2024
Inside
Bedrooms: 4
Bedrooms Plus: 2
Bathrooms: 3
Kitchens: 2
Kitchens Plus: 1
Rooms: 8
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Washrooms: 3
Building
Basement: Fin W/O
Basement 2: Full
Heat Type: Baseboard
Heat Source: Other
Exterior: Brick
Water Supply: Municipal
Special Designation: Unknown
Other Structures: Garden Shed
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 5
Total Parking Spaces: 5
Fees
Tax Year: 2023
Tax Legal Description: PT LT 183 PL 304 BRANTFORD CITY; PT THIRD AV PL 329 BRANTFORD CI
Taxes: $3,476
Highlights
Feature: Park
Feature: School
Land
Cross Street: Colborne St E to Sec
Municipality District: Brantford
Fronting On: South
Parcel Number: 321240088
Pool: None
Sewer: Sewers
Lot Depth: 126 Feet
Lot Frontage: 50 Feet
Acres: < .50
Zoning: R1C
Additional Media
- Virtual Tour: https://youtu.be/0ErGxfS1UVc
Rooms
Room details for 415 Chatham Street, Brantford
| Type | Dimensions | Description |
|---|---|---|
| Other Main | - |
Somewhat Walkable
- Some errands can be accomplished on foot.
Bikeable
- Some errands can be accomplished on bike.
Echo Place Public School
Elementary: PublicSt. Peter School
Elementary: CatholicHoly Cross School
Elementary: CatholicMajor Ballachey Public School
Elementary: PublicKing George School
Elementary: PublicWoodman-Cainsville School
Elementary: PublicSt. Mary Catholic Learning Centre
Secondary: CatholicGrand Erie Learning Alternatives
Secondary: PublicPauline Johnson Collegiate and Vocational School
Secondary: PublicSt John's College
Secondary: CatholicNorth Park Collegiate and Vocational School
Secondary: PublicBrantford Collegiate Institute and Vocational School
Secondary: Public-
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