254 Darling Street , Brantford, ON N3S 3X4
Brantford, ON N3S 3X4
Description
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!
Details
| Mls | 40667073 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 43 |
| Listing Provided By | Revel Realty Inc. | Abdellah Majd |
Features
| Beds | 3 |
|---|---|
| Baths | 2 |
| Sq Feet | 1,548 |
| Garage | 1 |
| Basement | Y |
| Storys | 2 |
| Units | 2 |
| Zoning | RC |
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Learn More About This Property
| State | ON |
|---|---|
| County | Brantford |
| City | Brantford |
| Zip Code | N3S 3X4 |
| Area | 2040 Terrace Hill | E & N Wards |
| Subarea | 2043 Downtown Core |
| Community Name | 2043 Downtown Core |
| Listing VS Median (in 2043 Downtown Core) | |
Price: $524,900 low | high Med: $355,000 SqFt: 1,548 low | high Med: 610 $ / SqFt: $339 low | high Med: $582 On Site: 43 low | high Med: 22.000000 | |