224 Colborne Street W, Brantford
224 Colborne Street W, Brantford
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37 Photos
- Bedrooms: 3
- Bathrooms: 3
- Living area: 1345 sqft
- MLS®: 40581698
- Added: 15 days ago
Property Details
Welcome to an exciting offering in the extremely popular city of Brantford. This TRIPLEX not only offers 3 units with updated interiors, all with separate hydro meters, and parking for each unit, but it also offers a FOURTH rentable space in the detached workshop. The property itself has been craftily designed, to enhance each units unique livability, giving this building the ability to attach an almost universal audience. There is a main floor unit with no stairs, an upper private unit with a cozy juliet balcony and the last unit offers main floor living with a surprisingly large basement to enjoy as well. ALL THE RENTS ARE MARKET RENTS, yes you read that correct, this building has been flipped in the recent years with modern leases all paying market rents. This building offers a 6.7% CAP RATE. In a time where the comparable properties are still stuck in the 5's. This is a rare chance to own a key turn investment property and start CASH FLOWING TODAY, EVEN WITH A MORTGAGE. (id:1945)
Property Information
- Sewer: Municipal sewage system
- Cooling: None
- Heating: Radiant heat, Natural gas
- List AOR: Brantford
- Stories: 2
- Basement: Finished, Partial
- Year Built: 1880
- Directions: Colborne Street to 224 Colborne
- Living Area: 1345
- Lot Features: Paved driveway, Automatic Garage Door Opener
- Photos Count: 37
- Water Source: Municipal water
- Parking Total: 6
- Bedrooms Total: 3
- Structure Type: Triplex
- Common Interest: Freehold
- Parking Features: Detached Garage
- Street Dir Suffix: West
- Subdivision Name: 2071 - Old West Brant
- Tax Annual Amount: 3302
- Exterior Features: Brick
- Community Features: Quiet Area, High Traffic Area, School Bus
- Foundation Details: Stone
- Zoning Description: RC
- Number Of Units Total: 4
- Map Coordinate Verified YN: true
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