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128 Ninth Avenue Brantford, Ontario N3S 1E7

9 Bedroom 4 Bathroom 3500 - 5000 sqft
None Other

$1,199,900

Welcome to this well-maintained, fully tenanted purpose-built 4-plex offering a solid investment opportunity in a highly convenient location close to transit, schools, parks, shopping, and everyday amenities. This property features a desirable unit mix of three spacious 2-bedroom apartments and one generous 3-bedroom unit, appealing to a wide range of tenants. Each unit is thoughtfully laid out and includes a 4 pc bathroom, full kitchen, living room, a balcony providing valuable outdoor space, along with a large dedicated locker located in the basement for added storage. Tenants enjoy the convenience of an onsite laundry room equipped with token-operated washer and dryer, generating additional income for the owner. Operational efficiency is enhanced with each unit having its own hot water tank rental, allowing for simplified utility management. The building also offers additional basement storage space reserved for landlord use, ideal for maintenance supplies or equipment. A rear parking lot provides ample parking for up to 8 vehicles, a significant asset for tenant retention and overall appeal. The property has been well cared for, reflecting pride of ownership and minimizing immediate capital expenditures for the next owner. Ideally situated in an established neighbourhood, this turnkey investment presents stable cash flow and a compelling opportunity for investors seeking a low-maintenance, income-producing property. (id:49187)

Property Details

MLS® Number X12783188
Property Type Multi-family
Neigbourhood Eagle Place
Amenities Near By Park, Public Transit, Schools
Community Features Community Centre, School Bus
Equipment Type Water Heater - Electric, Water Heater
Features Irregular Lot Size
Parking Space Total 8
Rental Equipment Type Water Heater - Electric, Water Heater
Structure Porch, Shed

Building

Bathroom Total 4
Bedrooms Above Ground 9
Bedrooms Total 9
Age 51 To 99 Years
Appliances Water Meter, Dryer, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Type Other
Stories Total 2
Size Interior 3500 - 5000 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Park, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 149 Ft
Size Frontage 80 Ft
Size Irregular 80 X 149 Ft
Size Total Text 80 X 149 Ft|under 1/2 Acre
Zoning Description Nlr - 5

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29354252/128-ninth-avenue-brantford

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