86 Drummond Street Brantford, Ontario N3S 5Z7

8 Bedroom 5 Bathroom 3252
None Hot Water Radiator Heat


5 plex for sale. Tenants pay their own hydro except #5 which the landlord has in his common hydro bill. Landlord pays the heat(hot water gas) and water/sewage. RENTS 1) 3 bedroom $1450. 2) 3 bedroom $1450. 3) bachelor $750. 4) 1 bedroom $1045. 5) 1 bedroom and den $1200 Note #5 hydro is paid by the landlord with his common hydro billing. Total $5895 monthly. $70740 yearly. EXPENSES: Taxes $6067. Heat $3036. Water/sewer $2778. Insurance $2349. Common hydro $801 and Water heater $600. Total Yearly $15631. NET INCOME $55109. CAP RATE 5.8%. Extensive plumbing and electrical work has been completed in 2019. (id:41662)

Property Details

MLS® Number 40037799
Property Type Multi-family
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 2
Rental Equipment Type Water Heater


Bathroom Total 5
Bedrooms Total 8
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1948
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 3252
Utility Water Municipal Water


Acreage No
Sewer Municipal Sewage System
Size Depth 66 Ft
Size Frontage 100 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rc And C7


Electricity Available
Natural Gas Available


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