135 Sherwood Drive Brantford, Ontario N3T 1N8

$689,000

Fully tenanted 4-plex in the heart of Brantford presents a strong investment opportunity with multiple revenue streams. In addition to the 4 rental units, the property includes a 749 sqft. detached garage generating extra revenue as storage to 1 tenant. The property has a wide 100ft frontage providing for a possible severance zoned to accommodate a semi-detached building. This could possibly create 4 additional units. The garage has its own electricity meter and gas for heat and is also able to finished into another residential unit. The house has 4 rental units: Three 1-bedroom/1-bath and one 2-bedroom+ den/1-bath. The building has Coin-operated laundry facilities and ample parking for tenants having enough room for 20+ vehicles. Gas furnace provides heating while 3 water heaters service the different units. Another key factor of this property is the opportunity to rezone all of it- if you were to demolish the building the zoning would change from the grandfathered residential into commercial. With its combination of residential income and commercial/development potential, this property is a perfect addition to any investment portfolio. (id:55460)

Property Details

MLS® Number	X13654870
Property Type	Multi-family
Equipment Type	Water Heater
Parking Space Total	29
Rental Equipment Type	Water Heater

Building

Bathroom Total	4
Bedrooms Above Ground	5
Bedrooms Total	5
Appliances	Dryer, Stove, Two Washers, Refrigerator
Basement Development	Unfinished
Basement Type	Partial (unfinished)
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,500 - 3,000 Ft2
Type	Fourplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage
R V

Land

Acreage	No
Sewer	Sanitary Sewer
Size Frontage	100 Ft
Size Irregular	100 Ft ; Irregular
Size Total Text	100 Ft ; Irregular

https://www.realtor.ca/real-estate/30133178/135-sherwood-drive-brantford