16 TERRACE HILL Street, Brantford, Ontario, N3R1E9
Welcome home to 16 Terrace Hill Street, a well maintained and updated 4-plex multi-unit investment property with a generous lot frontage that consists of one 3-bedroom unit, two 2-bedroom units, and one 1-bedroom unit. Set your own rents! Two units (units 3 & 4) have been completely redone (including plumbing & electrical) in 2023 and are vacant & ready for new tenants. The remaining two units are successfully leased with great tenants. Lower unit is equipped with laundry facility, Second floor unit has laundry provisions, main floor and third floor unit has no laundry. Laundry provisions roughed in at detached garage. A detached garage and Two driveways offer ample parking (7 spaces total). Updates include: Units 3 & 4 are completely renovated, 2nd & 3rd floor windows replaced (2023), Hydro updated June 2023 to separate panels, Waterlines replaced (2023), Carrier HVAC updated (approx 2015) heats and cools main & lower units, Roof (2012/2021), Back deck (2021). Located in the family friendly neighbourhood of Terrace Hill neighbourhood, close to excellent schools, public transit, shopping and all amenities! Incredible opportunity for a turn key investment at 6.8% cap rate! (id:2471)
- Property Address: 16 TERRACE HILL Street, Brantford, Ontario, N3R1E9
- Property Type: Multi-family
- Zoning Description: R4B (24U), RC
- Title: Freehold
- Acreage: under 1/2 acre
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Driveway: Detached Garage
- Total Parking Spaces: 7
- Amenities Nearby: Hospital, Park, Public Transit, Schools, Shopping
- Structure Style: Fourplex
- Storeys: 2.5
- Floor Space: 2256
- Bedrooms: 8
- Bathrooms: 4-Total
- Basement Type: Full (Finished)
- Heating Type: Natural gas, Baseboard heaters, Forced air
- Cooling: Ductless, Wall unit
- Exterior Type: Brick
- Foundation Type: Poured Concrete
Listing Offices: Re/Max Escarpment Realty Inc.
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