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:61499)
| MLS® Number | 40854400 |
| Property Type | Multi-family |
| AmenitiesNearBy | Airport, Hospital, Park, Public Transit, Schools, Shopping |
| Features | Crushed Stone Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 29 |
| BathroomTotal | 4 |
| BedroomsTotal | 5 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructedDate | 1881 |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2731 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
| Detached Garage |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Airport, Hospital, Park, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 100 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | F-m2, F-m1-16, F-r4a-45, F-rc-40, F-m1-17 |
https://www.realtor.ca/real-estate/30132879/135-sherwood-drive-brantford
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Matt James
Salesperson
Nadeem Ahmed
Salesperson
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