Who’s looking for a profitable property?
Throw this house on your line of credit! Presenting a prime real estate prospect…a former up/down duplex, now a spacious single-family home with an option for an easy conversion. Renovation enthusiasts, here’s your canvas for creativity and profit. Local amenities are within walking distance. Reimagine spaces and BRRRR the heck out of this hidden gem!
Minutes from hospital, Conestoga College, Wilfrid Laurier, Brantford train station and bus terminal, and downtown.
How can you profit?
BRRRR: Buy for $339k, renovate, rent out both units for around $3500+, and refinance. Hospital workers make great tenants! The local universities are within walking distance as well.
SUMMARY:
– LOCATION: Brantford, ON (Clarence & Grey)
– PURCHASE PRICE: $339,900 Or Best Offer
– AFTER REPAIR VALUE: Around $600k
– CLOSING: October 12, 2023 (Somewhat flexible. This is an assignment sale.)
– TYPE: 2 Storey Detached Duplex (per MPAC.) Currently setup up as a single family home
– BEDS/BATHS: 3 Beds/2 Baths
– PARKING: Tandem
– BASEMENT: Unfinished
– SQFT: 1508 sq. ft.
– LOT: 37′ x 72′
– AGE: 1875
– PROPERTY TAX: $2270/year
RENOVATIONS NEEDED:
– Lots of opportunity! Budget for roof, gutters, furnace, A/C, some electrical/plumbing if you are converting it, drywall/ceiling repair, and full cosmetic renovations.
– Needs new baths and kitchen. Add second kitchen if converting back to a duplex.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– It’s cheap! How often can you buy a house in the $300s these days?
– Already classified as a duplex on MPAC
– Walking distance to all amenities
Please let us know if you want to view it or if you want us to email you the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Myra Afidchao, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.