24 Duke St

For Sale New 38 hours
$574,900
5 beds
5 baths
2,506 Sqft

24 Duke St

For Sale New 38 hours
$574,900
5 beds
5 baths
2,506 Sqft

Highlights

Key insights

Description

Excellent Investment Property with a High Cap Rate! This well maintained fourplex with 2,506sq.ft. above-grade has 2 units that have intentionally been left vacant so the new owner can choose their new tenants and set their own rents. Unit 1 is one of the vacant units and it has 2 bedrooms, 2 bathrooms, a den, a bright kitchen, a partially finished basement, a private backyard, big windows, vinyl plank flooring, and lots of storage space. Unit 2 has an excellent tenant who takes great care of his unit. Unit 3 is the other vacant unit with 2 bedrooms, an updated kitchen that has tile backsplash and a quartz countertop, a spacious living room with pot lighting and luxury vinyl plank flooring, and an immaculate bathroom with a tiled shower. Unit 4 is a bachelor unit with another great tenant. There is a shared laundry room with a coin-operated washer and dryer for additional income, and the large detached garage with a loft was previously rented and could be rented again for even more income. Recent updates include new roof shingles in 2020, new eavestroughs in 2022, new roof and eavestroughs on the garage in 2022, 2 new forced air gas furnaces in 2022, new tiled shower and tub surround in the main floor bathroom in Unit 1 in 2023, new flooring in the kitchen in Unit 2 in 2022, new flooring and paint in the entrance and stairwell areas in 2022, new luxury vinyl plank flooring in Unit 1 in 2025, Unit 1 was freshly painted in 2025, Unit 3 was freshly painted and had new flooring installed in 2023, and more. A great investment property with numerous updates, excellent tenants, 2 vacant units that the new owner can set the rents for, and a high annual rental income with a very attractive cap rate(the financials are attached to the MLS listing and can also be emailed to your realtor upon request). Book a viewing for this lucrative property today! (id:63267)

Terry Summerhays of Re/Max Twin City Realty Inc,
#40767438
updated 17 hours ago.
Houseful checked MLS® for data 17 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Wall unit
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    2
  • Fencing
    Partially fenced
  • # parking spaces
    2
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    5
  • # total bathrooms
    5.0
  • # of above grade bedrooms
    5
Location
  • Community features
    Quiet area
  • Subdivision
    2042 - north ward
Lot/ Land Details
  • Lot dimensions
    0.075
Overview
  • Lot size (acres)
    0.08
  • Building size
    2506
  • Listing #
    40767438
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28848704/24-duke-street-brantford
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,533

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25 Years fixed, 20% down payment, % interest
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