$949,900

86 Drummond Street

Brantford ON, N3S 5Z7

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Description

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.

Details

MLS#40037799
Listing TypeFor Sale
Sub-TypeResale
StatusConditional
Year1948
Days On Site74

Features

SQ Feet3,252
Units5
Building(s)1
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Vince Fracassi

Vince Fracassi

4758461 (905) 902-8522Contact Me Form Link
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Area Information
ProvinceON
CountyBrantford
CityBrantford
Postal CodeN3S 5Z7
Area2040 - Terrace Hill/E & N Wards
Listing VS Median (in N3S 5Z7)
Price:
$949,900
low | high
Med:
$949,900
50% of Average
SqFt:
3,252
low | high
Med:
3,252
50% of Average
$ / SqFt:
$292
low | high
Med:
$292
50% of Average
On Site:
74
low | high
Med:
74
100% of Average
Listing Updated: January 21, 2021 8:00:43 PM PST
William Austin LogoMLS Number: 40037799
Listing Provided By:
William Austin  of  Royal LePage Action Realty
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Fracassi & Co. Hamilton Real Estate