Grand VACANT duplex in the heart of Brantford on an extra deep 132' lot! 254 Darling Street is a welcome addition to any investor's portfolio, as a house-hacking option or to provide an in-law suite for a family member. A front and rear setup where this duplex offers a full sized 2 storey 3 bed, 1 bath unit in the front (w/ basement storage) and a two level oversized bachelor in the rear w/ updated finishes. Units include separate hydro meters & are uniquely connected at the interior basement level also maintaining separate hot water heaters with a sump pump. Generating projected monthly rents of $3400 ($2200-main, $1200-rear) while passing on utilities to tenants with an estimated positive cash flow position of ~$900 with 20% down. This property offers plenty of upside with the ability to consider building out a garage suite or to convert the main house into a 4 bedroom unit using the large dining room on the main floor. Great cash flowing asset with ADU upside potential in a declining interest rate environment where rental rates are stable and gradually climbing! Property is a must see! (id:51532)
Property Summary |
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Building |
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Land |
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Level | Rooms | Dimensions |
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Second level | Bedroom | 10'0'' x 10'1'' |
Bedroom | 7'7'' x 10'1'' | |
Primary Bedroom | 14'8'' x 10'1'' | |
Basement | Laundry room | 7'0'' x 8'9'' |
Storage | 13'0'' x 15'9'' | |
Bedroom | 17'0'' x 12'1'' | |
3pc Bathroom | 7'1'' x 11'5'' | |
Main level | 4pc Bathroom | 8'5'' x 4'10'' |
Kitchen | 18'4'' x 12'3'' | |
Kitchen | 18'4'' x 11'5'' | |
Dining room | 14'10'' x 12'4'' | |
Living room | 13'8'' x 11'4'' |
Features | |||||
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In-Law Suite | Detached Garage | Dryer | |||
Refrigerator | Stove | Washer | |||
Hood Fan | None |