86 Drummond Street Brantford, Ontario N3S 5Z7
$949,900
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 |
Building
| 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 |
Land
| 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 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/22574187/86-drummond-street-brantford
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Brantford Regional Real Estate Assn Inc
Royal LePage Action Realty
January 11 2021 03:53:00
