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$524,900
254 DARLING STREET
Brantford, Ontario, N3R0A2
MLS® Number: X9419818
Property description
Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcomeaddition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a familymember. 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 includeseparate hydro meters & are uniquely connected at the interior basement level also maintaining separate hotwater 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 themain house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing assetwith ADU upside potential in a declining interest rate environment where rental rates are stable and graduallyclimbing! Property is a must see!
Building information
Type
House
Amenities
Separate Electricity Meters
Appliances
Water Heater
Basement Development
Unfinished
Basement Features
Separate entrance
Basement Type
N/A (Unfinished)
Construction Style Attachment
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick Facing, Vinyl siding
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Size Interior
1499.9875 - 1999.983 sqft
Stories Total
2
Utility Water
Municipal water
Land information
Sewer
Sanitary sewer
Size Depth
132 ft
Size Frontage
29 ft ,9 in
Size Irregular
29.8 x 132 FT
Size Total
29.8 x 132 FT
Courtesy of REVEL REALTY INC.
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