135 Sherwood Drive
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About This Property
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. (id:63604)
Key Facts
Highlights
- Refrigerator
- Stove
- Dryer
- Two Washers
Property Details
Interior features
Exterior features
Mortgage & Affordability
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Neighbourhood
- City
- Brantford
- Postal code
- N3T 1N8
- Nearby
- Cross Streets: Colborne St W/Sherwood Dr. ** Directions: North of Colborne S W.
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