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Investment
For Sale
Listing # 40125104
$799,900.00
View Just Photos
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Office Listing:

Bill Austin, Sales Representative

Get More Info
99 WEST RIVER Street , Paris, ON N3L 2V4 , Canada
Brantford Regional Real Estate Association Inc. - Brantford Region
Investment
Lot Frontage: 105.00 Feet
Lot Depth: 120.00 Feet
Floor Space (approx): 3600.00 Square Feet
Built in: 1903
Bedrooms: 8
Zoning: rc
Remarks:
This 4 plex has a 3 bedroom apartment and a one bedroom apartment on each side. (1800 sq ft each side). The Owners unit will be vacated on the sale. The rest of the tenants are to be assumed. The market rent for the owners 3 bedroom unit is about $1800 plus gas and hydro. The one bedroom 101B rent is $623 plus gas and hydro. 99A 3 bedroom rent is $862.50 plus gas and hydro. 99B one bedroom rent is $592.50 plus gas and hydro. The tenant rents are low compared to market rents.Gross rents $3878/month. ($46536/year). Owner pays water approx $2300, taxes $4056 and insurance $1680. Net income $38500 4.8% cap rate.THE OWNERS UNIT IS EASY TO SHOW ON SHORT NOTICE. UNIT 101A. Due to the virus the other tenants units will shown after an accepted offer (with buyer's conditions). There are pictures of all the units.
Inclusions:  CARBONMONOX,SMOKEDETECTOR
Exclusions:  Tenants possessions

Property Features:
  • Acres Range: < 0.5
  • Basement Finish: Unfinished
  • Basement Type: Partial Basement
  • Construction Materials: Brick
  • Features Area Influences: River/Stream
  • Foundation Detail: Stone
  • Heating: Forced Air , Gas
  • Interior Features: Accessory Apartment
  • Laundry Features: None
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s) , Smoke Detector(s)
  • Sewer: Sewer (Municipal)
  • Under Contract: Hot Water Heater
  • Water Source: Municipal-Metered
 
Kathleen Smith
Kathleen Smith
Sales Representative
Royal LePage Action Realty, Brokerage (Independently owned and operated)
766 COLBORNE STREET Brantford, ON N3S 3S1
Phone: 519.753.7311     
Fax: 519.753.1603     
Mobile:  519.755.8165     
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