137 DRUMMOND Street , Brantford

3 Bed / $339,900 / MLS® Listing #:40088452

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This retrofitted duplex is available to the investor. Rents: main 2 bedroom $995 plus hydro. Upstairs $925 plus hydro. The main floor apt has a nice entryway for coats and boots etc. Expenses (actual 2020) Taxes $2214, gas $1142, water/sewer $1238, water heater rental $259, insurance $962. Net Income $17225 Cap Rate 5.01%. Roof is in need of replacing. Lower tenant is a women and her kids. The upper tenant is her father. They both wish to stay as tenants. Due to the virus there are no showings until an offer is accepted. The offer can have a buyers conditions to obtain a home inspection and his satisfactory viewing of the apartments. (id:10452)

Property Details

Property Type Duplex
Square Feet
Maintenance N/A
Days On Our Website 6
Basement Unfinished - Partial (Unfinished)
Lot Dimensions 0.07 ac|under 1/2 acre
Pool N/A
Area Brantford
Air Conditioning None
Heating Natural gas - Forced air
Exterior Brick
Parking Spaces 2
Sewers Municipal sewage system
Water Municipal water

Listing Office: Royal LePage Action Realty

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