About 152 Terrace Hill Street
RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro, Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnovers would simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property, meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2 bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hot water tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rental potential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403, ideal for commuters. Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters. (id:36535)
Features of 152 Terrace Hill Street
Listing # | 40634220 |
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Price | $1,150,000 |
Bedrooms | 5 |
Bathrooms | 4.00 |
Square Footage | 2,115 |
Acres | 0.00 |
Year Built | 1890 |
Type | Multi-family |
Sub-Type | Freehold |
Community Information
Address | 152 Terrace Hill Street |
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Subdivision | 2041 - Terrace Hill |
City | Brantford |
Province | Ontario |
Postal Code | N3R1G6 |
Amenities
Amenities | Hospital, Park, Place of Worship, Playground, Public Transit, Schools |
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Features | Southern exposure |
Parking Spaces | 6 |
Parking | Detached Garage |
# of Garages | 1 |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Window Coverings |
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Heating | Heat Pump |
Fireplace | No |
# of Stories | 2 |
Has Basement | Yes |
Exterior
Exterior | Brick |
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Foundation | Block |