212 Chatham Street Brantford, Ontario N3S 4G8

5 Bedroom 2 Bathroom 2,060 ft2
2 Level Central Air Conditioning Forced Air

$624,900

Fully renovated duplex with separate utilities and exceptional income potential. Currently vacant, offering the perfect opportunity for investors to set their own rents or for owner-occupiers looking to live in one unit while having the second unit help pay the mortgage. Unit 1 features 3 bedrooms and 1 bathroom, while Unit 2 offers 2 bedrooms + den and 1 bathroom. With projected market rents, the property is estimated to generate just under $50,000 in gross annual income and over $46,000 net income with a 7.4% Cap Rate Notable updates include new plumbing, electrical and breaker panels. One furnace replaced in 2023. Roof and majority of windows approximately 8 years old. 3 bedroom unit features two brand new exterior doors, while remaining windows, doors and roof were updated approximately 8 years ago. Turn-key opportunity with strong cash flow potential and flexibility for investors or multi-generational living. (id:63616)

Property Details

MLS® Number 40831383
Property Type Single Family
Amenities Near By Public Transit
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 5
Bedrooms Total 5
Appliances Dryer, Stove, Washer, Hood Fan
Architectural Style 2 Level
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1900
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Metal
Foundation Type Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,060 Ft2
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 32 Ft
Size Irregular 0.1
Size Total 0.1 Ac|under 1/2 Acre
Size Total Text 0.1 Ac|under 1/2 Acre
Zoning Description C7-2, Rc

Rooms

Level Type Dimensions
Second Level Bedroom 12'0'' x 9'7''
Second Level Bedroom 9'8'' x 10'5''
Second Level Den 12'11'' x 9'1''
Second Level Bedroom 9'8'' x 10'5''
Second Level Bedroom 11'5'' x 9'6''
Main Level 4pc Bathroom Measurements not available
Main Level Laundry Room 4'10'' x 3'3''
Main Level Eat In Kitchen 13'6'' x 13'2''
Main Level Living Room 13'3'' x 10'6''
Main Level Bedroom 11'5'' x 9'5''
Main Level 4pc Bathroom Measurements not available
Main Level Eat In Kitchen 13'6'' x 13'3''
Main Level Foyer 13'8'' x 10'6''
Main Level Living Room 12'1'' x 9'5''

https://www.realtor.ca/real-estate/29797806/212-chatham-street-brantford

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