254 DARLING Street

Brantford, Ontario, N3S3X4, Canada

$524,900

Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcome addition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a family member. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front (w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units include separate hydro meters & are uniquely connected at the interior basement level also maintaining separate hot water heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear) while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down. This property offers plenty of upside with the ability to consider building out a garage suite or to convert the main house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing asset with ADU upside potential in a declining interest rate environment where rental rates are stable and gradually climbing! Property is a must see!

Last updated on : Saturday 28th of December 2024 12:21:41 AM

ADDRESS

Street : 254 DARLING Street

City : Brantford

Province : Ontario

Country : Canada

Postal Code : N3S3X4

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PROPERTY SUMMARY

Property ID : 40667073

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 3

Bathrooms : 2

Parking : 3

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