This legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro allowing for minimal expenses to the property owner and very strong cashflow. This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list.
Last updated on : Saturday 19th of October 2024 09:53:49 AM
Street : 85 PARK Avenue
City : Brantford
Province : Ontario
Country : Canada
Postal Code : N3S5H4
Property ID : 40640971
Building Type : Fourplex
Property Type : Multi-family
Bedrooms : 8
Parking : 1