13 Usher Street, Brantford, ON N3R 1B8

$499,900
5
BD
4
BA
2,000
SqFt

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List Price
$499,900
MLS#
X13616488
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2-Storey
Bedrooms
5
Bathrooms
4
Living Area
2000-2500
Province
ON
Municipality
Brantford
Area
Brantford
Subdivision
Usher St & Washinton St

Property Description

Attention First Time home buyers and Investors - Don't miss this one! A great investment opportunity in the heart of Brantford! This legal triplex with fire (retrofit) inspection completed in 2022 offers immediate income potential with the added benefit of a fourth self-contained unit, enhancing cash flow. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this versatile property offers great flexibility. Currently offering 4 - 1 Bedroom, 1 bathroom units, This property is currently fully leased and generates a really good return. The best unit (#1) will be vacant at the end of August. This unit is currently split into 2 units, but could be easily converted back to 1 which would offer an excellent owner occupied 2 bedroom, 2 bathroom unit. Or keep it as 2 units and generate more income. This property offers 2 separate driveways and a detached garage. Tenants pay their own hydro (Separate meters), owner pays heat and water. Situated on a mature lot in an established neighbourhood, 13 Usher Street is conveniently located close to schools, parks, public transit, shopping, and major amenities, making it an attractive option for tenants. Each unit offers functional living space, while the property's strong rental income and good location make it a standout opportunity for savvy investors. Don't miss your chance to own a rare legal triplex with the added bonus of a fourth unit in one of Brantford's growing rental markets. This is a great investment opportunity at this price in the city of Brantford.

Additional Information

Taxes
$3,652
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
4
Exterior
Brick
Garage Spaces
1
Garage Type
Detached
Pool
None
Parking Spaces
5

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Calculator source: Real Geeks

Listing courtesy of RE/MAX TWIN CITY REALTY INC..