254 DARLING Street Active Save Request In-Person Tour Request Virtual Tour
Brantford,ON N3S3X4
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,835 sqft
Price per Sqft $286
Subdivision 2043 - Downtown Core
MLS Listing ID 40667073
Bedrooms 3
Property 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! (id:24570)
Location
Province ON
Interior
Heating Radiant heat
Cooling None
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Building
Story 2
Sewer Municipal sewage system