44 Mary Street Brantford, Ontario N3S 3B1

$1,049,900

$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **** EXTRAS **** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. (id:46421)

Property Details

MLS® Number	X11895246
Property Type	Single Family
Parking Space Total	8

Building

Bathroom Total	4
Bedrooms Above Ground	7
Bedrooms Total	7
Appliances	Water Heater
Basement Development	Partially Finished
Basement Type	Full (partially Finished)
Exterior Finish	Brick
Foundation Type	Concrete, Stone
Heating Fuel	Electric
Heating Type	Heat Pump
Stories Total	2
Type	Fourplex
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	64 Ft
Size Frontage	92 Ft
Size Irregular	92 X 64 Ft
Size Total Text	92 X 64 Ft
Zoning Description	Rc

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Dining Room			Measurements not available
Second Level	Kitchen			Measurements not available
Second Level	Living Room			Measurements not available
Main Level	Living Room			Measurements not available
Main Level	Dining Room			Measurements not available
Main Level	Kitchen			Measurements not available
Main Level	Bedroom	3.04 m	3.04 m	3.04 m x 3.04 m
Main Level	Living Room			Measurements not available
Main Level	Dining Room			Measurements not available
Main Level	Kitchen			Measurements not available
Main Level	Bedroom			Measurements not available
Main Level	Office			Measurements not available

https://www.realtor.ca/real-estate/27743028/44-mary-street-brantford