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$ 524,900
Est. payment /mo
Active
254 DARLING STREET Brantford, ON N3R0A2
4 Beds
2 Baths
1,499 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,499 sqft
Price per Sqft $350
MLS® Listing ID X9419818
Bedrooms 4
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
State ON
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold