About 44 Mary Street
$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. (id:36535)
Features of 44 Mary Street
Listing # | 40634768 |
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Price | $1,049,900 |
Bedrooms | 7 |
Bathrooms | 4.00 |
Square Footage | 3,207 |
Acres | 0.00 |
Type | Single Family |
Sub-Type | Freehold |
Style | 2 Level |
Community Information
Address | 44 Mary Street |
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Subdivision | 2045 - East Ward |
City | Brantford |
Province | Ontario |
Postal Code | N3S3B1 |
Amenities
Amenities | Park, Schools |
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Parking Spaces | 8 |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Dryer, Refrigerator, Washer, Gas stove(s), Hood Fan, Window Coverings |
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Heating | Electric Heat Pump |
Cooling | Ductless |
Fireplace | No |
# of Stories | 2 |
Has Basement | Yes |
Exterior
Exterior | Brick |
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Foundation | Block |