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Legal Triplex For Sale In Brantford
Listing Details
Subtype: Triplex
Units: 3
Annual Property Tax: $3,362
Financial Details
Net operating income: $38,289
Cap rate: 5.1%
Description
This legal triplex is in a sought after location, minutes from the University, hospital, businesses, casino in the city center. Very nice tree line street never a problem renting. The three unit building has a two bedroom floor, two bedroom middle floor and bachelor upper. All units are inclusive and very easy to rent. The middle two bedroom will be vacant by the end of November and will have a new kitchen with gorgeous backsplash, new bathroom floor and paint throughout. The gross income is $49,200 per year and the total operating expenses are $10,911. The net operating income is 38,289. New roof, windows and furnace all within the last five years.
Location & nearby
This listing is located in Brantford, ON N3T 3L3
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