81 East Avenue, Brantford, Ontario

$644,900

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4

Beds

3

Baths

2,145

Square feet

0.14

Acres

About 81 East Avenue

This is a fire rated brick triplex. Unit 1 is rented for $777. A new gas furnace was installed in 2023. It is a long term tenant and the market rent would be $1500. It is the main floor of the original house. Unit 2 is rented for $1333; it is a 2 bed with a balcony. The bathroom was redone about 3 years ago with an oversized shower. It is the total upstairs of the main house. Unit 3 is on the main floor of an addition to the back of the house. it has a covered porch and access to half of the back yard. The unit was totally renovated in 2024 ceiling to floor plus a new f/a gas furnace and central air. I have used a projected rent of $1600. Note: Tenants pay all utilities, gas, hydro and water (separate meters). rent $44450 less costs Taxes $3479, insurance $3000 and water heater rentals $432.n Tot Expense $6911. Net Income $37609 5.85 CAP RATE. (id:6289)

Features of 81 East Avenue

Listing # 40665417
Price $644,900
Bedrooms 4
Bathrooms 3.00
Square Footage 2,145
Acres 0.14
Type Multi-family
Sub-Type Freehold

Community Information

Address 81 East Avenue
Subdivision 2084 - Icomm/Market
City Brantford
Province Ontario
Postal Code N3S3L6

Amenities

Amenities Hospital, Public Transit
Features Paved driveway
Parking Spaces 1
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick
Foundation Stone

Listing Details

OfficeRoyal LePage Action Realty

Listing Map

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