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171 NELSON Street, Brantford — listed at $649,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Build Wealth with this High-Performing Income Property! A solid all-brick fourplex sitting on a 0.25 of an acre lot with over 80 feet of frontage, a 44’6” x 28’6” detached garage/workshop, a wraparound covered front porch, two driveways, and plenty of parking. This income-producing powerhouse has 3,941sq.ft. above-grade plus the basement unit and generates over $100,000 in annual rental income for a fantastic 12.27% cap rate. The financials for the property are attached to the MLS listing for your realtor to access for you, a copy is also available on the website for the property, or upon request. Whether you’re growing your portfolio or purchasing your first investment property, this fourplex offers a cash-flow opportunity that rarely becomes available. Book a private viewing for this lucrative investment property! (id:60164)
How is the space laid out across floors?+
This is a 2.5-storey multi-family. The 10 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
This home was built in 1900 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,141.17, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Partially finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What's the parking situation?+
This property includes 13 spaces — Detached Garage.
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