Office Listing

Zongwen (John) Ma


Remarks

Attention investors! Another property to your invest portfolio. Solid all brick, fully rented commercial/residential duplex at 181 Brant Ave located on one of Brantford's busiest business corridor. Total rental $34,326.48/year, Total cost:$6,557.68; NOI: $27,768.80; Cap: 5.24%. Tenants pay utilities, landlord pays property tax and building insurance. Main floor is leased at $1,760.54/month (5+5 year lease): Upper is rented at $1,100/month (mth-mth). Basement could be leased out for extra income. 2 gas furnaces, rooftop central air-conditioner. Property tax: $5,318.92/year; Insurance: $1,238.76/year. Only building is for sale, convenience store is not included. However, business can be purchased separately if interested. (id:27)


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