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Listed by Revel Realty Inc..
415 Chatham Street is a Triplex, 2-Storey and is currently for Sale @ $899,900. Taxes in 2023 were $3,475.57.
More homes for sale under 900k in Brantford
CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. The 2-Storey on 415 Chatham Street has 4 bedrooms, 3 bathrooms, and is located on a 126.00 x 50.00 ft loton < .50 acres in the community of . This triplex currently offers a yearly rental income of $72,600, with a potential cap rate of 3.41%!! With three fully occupied units, each comprising 2 bedrooms and 1 full bathroom, this property promises both immediate cash flow, currently over $2400/month (with the potential for more) and long-term value appreciation. This building is fully legal and permitted with all headaches taken care of. Updates include a newer roof, windows, all units freshly painted and updated, some plumbing and wiring also updated. A minor variance was done for parking, giving each unit its own exclusive parking space. The main and upper unit both have their own separate panel and the lower unit is wired for separate metering. This is a fantastic turnkey triplex to add to your portfolio.
The address 415 Chatham Street was listed for sale (MLS# X9358161) on Thursday, September 19, 2024.