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Great solid purpose built 4 Plex right in front of the Arrowdale Golf Course in Brantford. Centrally located with 5 Mins to HWY 403, Major shopping Mall nearby, bus routes, schools, and 6 mins to Laurier University. Currently has 1 -3 Bed unit, 2 -2 Bed Units and 1 apartment with 4 rooms (like bachelor units - 3 of 4 currently vacant with 4th unit moving out soon) with full bathrooms in each unit, common kitchen, common bathroom and common living room. Upgrades include 4 Separate Hydro meters, many newer windows and much more. Additionally, there is a vacant large attached garage with office. Great potential in the basement to develop into additional units or coin laundry or storage. Sky is the limit! Buyer to do own due diligence on future uses. This is a money maker with great future potential. Current gross income is over $82k per year with under market rents. Schedule your viewing today! GROSS RENTAL INCOME: $82,800 TAXES: $4,387.77 INSURANCE: $2000. EXPENSES: $12,387.77 (id:24093)
Listed by Kahlil Raghunan of Re/Max Twin City Realty Inc

Property Details of 261 Elgin Street

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"Based on information submitted to CREA as of May 25, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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