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$ 729,000
Est. payment /mo
New
190 Sheridan ST Brantford, ON N3S 4P8
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X13136188
Style 2-Storey
Bedrooms 6
Annual Tax Amount $4,486
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Excellent opportunity to acquire a solid fourplex with positive cashflow and Approximately 7.1% Caprate with future upside. This detached, fully brick two-storey property with rear extension offers approximately 2,980 sq. ft. above grade, plus an unfinished basement, on a large 52 x 160 ft. lot. The building features four above-grade units, including two 2-bedroom units on the ground floor and two 1-bedroom units on the second floor. There is also a large shared storage room with potential to be converted into a common laundry area. The property includes separate hydro meters, 4 parking spots and has been professionally maintained previously. Current total rent is $64,707, with expenses of $13,084, resulting in net operating income of $51,623. Significant improvements have been completed in recent years, including a new furnace in 2025, updated kitchens, new flooring, painting, drywall repairs, bathroom renovations, and more. Large shared backyard that is fully fenced at the back, lots of potential for accessory or additional storage use. Very Close to Downtown to Wilfred Laurier University, Conestoga College, Casino, TD Civic Centre, Harmony Square, the Downtown Strip & More. Close to Bus-Stops, Laundromats, Parks, Trails, Schools, Library & More. One of the Best Multi-Residential Properties in the City Offering All Solid Fundamentals, Great to Add to Your Investment Portfolio.
Location
Province ON
County Brantford
Area Brantford
Zoning NLR (F9 A270 C40)
Rooms
Basement Unfinished, Partial Basement
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling None
Inclusions 4 Fridges, 4 Stoves.
Exterior
Parking Features None
Pool None
Roof Type Asphalt Rolled,Asphalt Shingle
Total Parking Spaces 4
Building
Building Age 100+
Foundation Stone, Concrete
Others
Virtual Tour https://unbranded.mediatours.ca/property/190-sheridan-street-brantford/
Lited by RIGHT AT HOME REALTY
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