The Jennifer Jones Team, LPT Realty, Brokerage
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Brantford, ON

135 SHERWOOD DRIVE

$689,000

Listed by
ROCK STAR REAL ESTATE INC.
MATT JAMES, Salesperson

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Detached at 135 SHERWOOD DRIVE, Brantford, ON
135 SHERWOOD DRIVE, Brantford, ON, photo 2135 SHERWOOD DRIVE, Brantford, ON, photo 3

Property facts

Price
$689,000
Type
Detached
Bedrooms
5
Bathrooms
4
MLS®
X13654870
Status
active
Brokerage
ROCK STAR REAL ESTATE INC.

About this home

Description provided by the listing brokerage

Fully tenanted 4-plex in the heart of Brantford presents a strong investment opportunity with multiple revenue streams. In addition to the 4 rental units, the property includes a 749 sqft. detached garage generating extra revenue as storage to 1 tenant. The property has a wide 100ft frontage providing for a possible severance zoned to accommodate a semi-detached building. This could possibly create 4 additional units. The garage has its own electricity meter and gas for heat and is also able to finished into another residential unit. The house has 4 rental units: Three 1-bedroom/1-bath and one 2-bedroom+ den/1-bath. The building has Coin-operated laundry facilities and ample parking for tenants having enough room for 20+ vehicles. Gas furnace provides heating while 3 water heaters service the different units. Another key factor of this property is the opportunity to rezone all of it- if you were to demolish the building the zoning would change from the grandfathered residential into commercial. With its combination of residential income and commercial/development potential, this property is a perfect addition to any investment portfolio.

Location

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