24 DUKE St, Brantford
Cashback ~$6,624
$649,900
$675,000

24 DUKE St, Brantford

Fourplex
Property type
5
Bedrooms
5
Bathrooms

Property details

Status
Active
Square feet
2500
Building type
2-Storey
Roof
Asphalt Shingle
A/C
None
Heating
Forced Air
Foundation
Brick,Stone
Pool
None
Lot size
39.00 X 67.74
Construction
Alum Siding
Parking spaces
3
Garage spaces
2
Age
100
Updated on
2024-11-08, 6:43 p.m.
MLS® number
X9382489

Description

Investment Opportunity: Fully Rented Turnkey Income Property! Featuring four units, two of which have been recently updated. The property boasts a respectful tenant profile and currently generates an impressive gross income of $59,004 annually from residential units alone. Additionally, there is potential income from a coin-operated washer and dryer, estimated at approximately $1,800 per year. This property also offers the opportunity to rent out a detached two-car garage with a loft area, which was previously leased for $200 per month, providing further income potential. Key Updates: Roof replacement in 2020, Garage roof/eaves updated in 2022, 2 new furnaces in 2022, On-demand hot water tank in 2023, Unit 1: Main bath shower/bathtub surround updated in 2023; macerating toilet installed in lower bathroom in 2022, Unit 2: Kitchen flooring updated in 2022, Common area flooring and paint refreshed in 2022, Main home eavestroughs replaced in 2022. The property offers convenient parking for three vehicles in the driveway, along with space for two additional vehicles in the garage. This well-maintained income property presents a solid investment opportunity with reliable cash flow and room for growth. Don't miss the chance to add this asset to your portfolio.


$6,624 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522

Listed by: RE/MAX ESCARPMENT REALTY INC.

Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.