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$524,900
Est. payment /mo
3 BD
2 BA
Active
254 Darling ST Brantford, ON N3R 0A2
UPDATED:
10/21/2024 08:34 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X9419818
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,635
Tax Year 2024
Property Description
Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcomeaddition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a familymember. 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 includeseparate hydro meters & are uniquely connected at the interior basement level also maintaining separate hotwater 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 themain house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing assetwith ADU upside potential in a declining interest rate environment where rental rates are stable and graduallyclimbing! Property is a must see!
Location
State ON
County Brantford
Rooms
Family Room No
Basement Unfinished, Separate Entrance
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Accessory Apartment, Separate Hydro Meter, In-Law Suite, Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Private
Garage Spaces 2.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 3
Building
Foundation Stone
Listed by REVEL REALTY INC.