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Key Facts
Key facts for 415 Chatham St
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 5 parking
MLS #
X8298202
Size
1500-2000 sqft
Basement
Finished Walkout,Full
Listed on
2024-05-02
Lot size
50 x 126.00
Tax
$3,475.57 /yr
Days on Market
479
Approximate Age
51-99
Maintenance Fee
-
Description
CALLING ALL INVESTORS - An exceptional investment opportunity awaits you at 415 Chatham Street, Brantford. 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 prope...rty 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. You dont want to miss out on adding this fantastic turnkey triplex to your portfolio. Check out the feature sheet for a full list of upgrades.
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