254 DARLING Street Active

Brantford,ON N3S3X4

$ 524900

4 Beds

2 Baths

1835 SqFt


Key Details

Property Type Single Family Home

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 40666622

Style 2 Level

Bedrooms 4

Originating Board Cornerstone - Hamilton-Burlington

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

Rooms

Extra Room 1 Second level 10'0'' x 10'1'' Bedroom

Extra Room 2 Second level 7'7'' x 10'1'' Bedroom

Extra Room 3 Second level 14'8'' x 10'1'' Primary Bedroom

Extra Room 4 Basement 7'0'' x 8'9'' Laundry room

Extra Room 5 Basement 13'0'' x 15'9'' Storage

Extra Room 6 Basement 17'0'' x 12'1'' Bedroom

Interior

Heating Radiant heat

Cooling None

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold

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