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171 NELSON Street
homes for sale · Brantford · East Ward
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$649,900

171 NELSON Street

East Ward, Brantford · MLS® 40827612

10413

3,941 sq ft · 0 sq ft lot · House · Multi-family · built 1900 · 114 days on market

listed by Terry Summerhays, Re/Max Twin City Realty Inc

realtor's description

Build Wealth with this High-Performing Income Property! A solid all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44’6” x 28’6” detached garage/workshop, a wraparound covered front porch, two driveways, and plenty of parking. This income-producing powerhouse has 3,941sq.ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or upon request. Whether you’re growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Book a private viewing for this lucrative investment property!

property details

type
House, Multi-family
bedrooms
10
bathrooms
4
living area
3,941 sq ft
lot
0 sq ft
parking
13
year built
1900
property tax
$6,141 / yr
days on market
114
MLS®
40827612

features

  • Crushed stone driveway
  • Quiet Area

monthly cost

$3,343/mo
Mortgage $2,832 · Tax $512

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,832/ monthly
loan $519,920
25-year amortization
total interest
$329,546
cash to close
$129,980
down payment; transfer tax and fees not included
total paid
$849,466

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

East Ward, BrantfordGoogle Maps ↗

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listed by
Terry Summerhays
Re/Max Twin City Realty Inc
call Terry · 519-802-8770
Powered by: REALTOR.ca
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location

East Ward, BrantfordGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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