171 NELSON Street

About this home

Build Wealth with this High-Performing Income Property! A solid all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44’6” x 28’6” detached garage/workshop, a wraparound covered front porch, two driveways, and plenty of parking. This income-producing powerhouse has 3,941sq.ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or upon request. Whether you’re growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Book a private viewing for this lucrative investment property! (id:66966)

Details

Type

Multiplex

Size

3941 sq ft

Basement

Partially finished, Full

Garage

Garage

Property tax

$6,141

Neighbourhood

East Ward

Municipality

Brantford

Interior

Fireplace

No

Heating, cooling and services

Heating

Forced air, Natural gas

Water and sewer

Municipal sewage system

Building and exterior

Year built

1900

Foundation

Stone

Outdoor

Brick

Parking

Total parking

13

Driveway and parking

Detached Garage

Location

Location is approximate. See nearby homes on the map