Triplex For Sale: 415 Chatham Street, Brantford
Brantford Real Estate Agent
CALLING ALL INVESTORS-– An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. This legal triplex offers a potential yearly rental income of $72,600, with a potential cap rate of 3.41%! Two of the three 2-bedroom, 1-bathroom units are currently rented, while one unit is vacant, allowing you to set your own rent or even move in yourself.
Updates include a newer roof, windows, freshly painted and updated units, plus some plumbing and wiring improvements. A minor variance for parking provides exclusive parking per unit.
Don’t miss out on adding this fantastic, turnkey triplex to your portfolio – or making it your next home with income potential.
Features of 415 Chatham Street:
|
EXTERIOR:
- Roof (2015)
- Windows (2015)
- Each floor has separate hydro panel
- Set up for separate hydro metering (needs to be set up with city)
- Large fenced backyard
- Shed
INTERIOR:
- All new appliances
- Washer & Dryer x3
- Stove, fridge & dishwasher x3
- 2 hot water tanks (owned)
- Each unit has 2 bedrooms and 1 full bathroom
MAIN FLOOR UNIT:
- New bathroom install: toilet, bath, vanity, flooring & white subway tile
- New plumbing install for washer & dryer
- Freshly painted unit
- New trim
- Freshly painted kitchen cabinets with new hardware
- Exclusive parking space – single wide – fits 2 cars
|
UPPER UNIT:
- New kitchen cabinet doors and hardware
- New engineered flooring in kitchen
- New quartz countertop and backsplash
- Freshly painted unit
- New light fixtures
- Exclusive parking space – single wide – fits 2 vehicles
LOWER UNIT:
- Completely gutted to the studs for a full reno (2023)
- Brand new kitchen cabinets, countertops, backsplash
- New and modern bathroom
- Newly installed pot lights
- New plumbing in the basement out to the city
- New engineered flooring in kitchen
- Exclusive parking space – single wide – fits 1 vehicle
|