3 Bedroom
2 Bathroom
1835 sqft
None
Radiant Heat
$524,900
Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcome addition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a family member. 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 include separate hydro meters & are uniquely connected at the interior basement level also maintaining separate hot water 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 the main house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing asset with ADU upside potential in a declining interest rate environment where rental rates are stable and gradually climbing! Property is a must see! (id:57134)
Property Details
MLS® Number
|
40667073 |
Property Type
|
Multi-family |
AmenitiesNearBy
|
Hospital, Place Of Worship, Schools |
CommunityFeatures
|
Community Centre |
EquipmentType
|
Water Heater |
ParkingSpaceTotal
|
3 |
RentalEquipmentType
|
Water Heater |
Building
BathroomTotal
|
2 |
BedroomsTotal
|
3 |
BasementDevelopment
|
Unfinished |
BasementType
|
Full (unfinished) |
CoolingType
|
None |
ExteriorFinish
|
Brick Veneer, Vinyl Siding |
FoundationType
|
Stone |
HeatingType
|
Radiant Heat |
StoriesTotal
|
2 |
SizeInterior
|
1835 Sqft |
Type
|
Duplex |
UtilityWater
|
Municipal Water |
Parking
Land
Acreage
|
No |
LandAmenities
|
Hospital, Place Of Worship, Schools |
Sewer
|
Municipal Sewage System |
SizeDepth
|
132 Ft |
SizeFrontage
|
30 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
Rc |
https://www.realtor.ca/real-estate/27565163/254-darling-street-brantford
Revel Realty Inc.
69 John Street S. Unit 400a
Hamilton,
Ontario
L8N 2B9
(905) 592-0990