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254 DARLING Street
Brantford Ontario N3S3X4 Canada

$524,900

Active Listing ID 40667073
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3 bed
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1,835 square feet
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2.00 Bath
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Multi-family

$524,900

Active Listing ID 40667073
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254 DARLING Street 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Vinyl siding, Brick Veneer
  • Heating Systems: Radiant heat
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 10/31/2024 3:02:30 PM GMT
Source Updated Date: 11/22/2024 10:09:03 PM GMT

Courtesy of: Abdellah Majd, Salesperson, Revel Realty Inc.