254 DARLING STREET, Brantford, Ontario N3R 0A2
$524,900.00
- 4 bedrooms
- 2 bathrooms
Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcomeaddition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a familymember. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front(w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units includeseparate hydro meters & are uniquely connected at the interior basement level also maintaining separate hotwater heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear)while passing on utilities to ... read more
Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcomeaddition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a familymember. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front(w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units includeseparate hydro meters & are uniquely connected at the interior basement level also maintaining separate hotwater heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear)while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down.This property offers plenty of upside with the ability to consider building out a garage suite or to convert themain house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing assetwith ADU upside potential in a declining interest rate environment where rental rates are stable and graduallyclimbing! Property is a must see! (id:25417)
- Listing ID: X9419818
- Property Type: Single Family
Property | |
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Ownership: | Freehold |
Lot Size: | 29.8 by 132 FT |
Parking: | Detached Garage 3 Spaces |
Building | |
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Type: | Single Family House |
Appliances: | Water Heater |
HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
Exterior: | Brick Facing and Vinyl Siding |
Basement: | N/A (Unfinished) |
Utilities: | Sanitary Sewer |
Location | |
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City: | Brantford |
Province: | Ontario |
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