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35 days on Market

24 DUKE St, Brantford, Ontario N3T 3T4

$675,000
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Townhouse
5 + 1
5
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$248/sqft

Est. Mortgage$2,899/mo

Tax Amount (2024)$4,236/yr

Days On Market35 days


Description

Investment Opportunity: Fully Rented Turnkey Income Property! Featuring four units, two of which have been recently updated. The property boasts a respectful tenant profile and currently generates an impressive gross income of $59,004 annually from residential units alone. Additionally, there is potential income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don't miss the chance to add this asset to your portfolio.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~2500-3000 SqFt
Lot Size2,641 SqFt(67.74 x 39)
Parking Spaces5
MLS ®NumberX9382489
Community NameNorth Ward
Data SourceTRREB

Features

Heating: Forced Air
Basement: Part Fin

Features

Lot size: 2,641 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 3

Total parking spaces 5


Property History

Now
ListedFor Salefor$675,000Active
35 days on market
Listing by trreb®
history photo preview40
Now
ListedFor Salefor$675,000Active
36 days on market
Listing by itso®
history photo preview47
Now
ListedFor Salefor$675,000Active
36 days on market
Listing by rahb®
history photo preview47
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Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage
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