171 Nelson Street, Brantford, ON N3S 4B7
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171 Nelson Street, Brantford, ON N3S 4B7
171 Nelson Street, Brantford, ON N3S 4B7
171 Nelson Street, Brantford, ON N3S 4B7
171 Nelson Street, Brantford, ON N3S 4B7
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Listed by Terry Summerhays • Re/Max Twin City Realty Inc
$ 649,900
Est. payment /mo
Active

171 Nelson Street Brantford, ON N3S 4B7

10 Beds

4 Baths

3,941 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,941 sqft

Price per Sqft $164

MLS Listing ID 40827612

Bedrooms 10

Abv Grd Liv Area 3,941

Year Built 1900

Annual Tax Amount $6,141

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Multi-4 Unit

Source Brantford

Property Description

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!

Location

Province ON

County Brantford

Area 2040 - Terrace Hill/E & N Wards

Zoning NLR (F9 A270 C40)

Direction Clarence Street/ Nelson Street

Rooms

Other Rooms Shed(s), Workshop

Basement Walk-Up Access, Full, Partially Finished

Kitchen 0

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry None

Exterior

Parking Features Detached Garage, Gravel

Garage Spaces 3.0

Fence Fence - Partial

Roof Type Asphalt Shing

Porch Porch

Lot Frontage 82.5

Lot Depth 132.0

Garage Yes

Building

Lot Description Rectangular, Park, Public Transit, Quiet Area, Schools, Shopping Nearby

Faces Clarence Street/ Nelson Street

Story 3

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 321370271

Ownership Freehold/None

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LOCATION

Alex Stepanoski

Alex Stepanoski

Real Estate Agent

+1(647) 896-6442

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171 Nelson Street