13 SHERIDAN Street, Brantford, Ontario, N3T2P7
MLS: 40812729 | Triplex (Freehold)
$469,900
Property Description
13 Sheridan Street is a classic piece of Brantford history that has stood the test of time since 1880. This aluminum-sided triplex is located in a great spot where tenants can easily walk to shops, parks, and city bus routes. Each of the three units has 2 bedrooms, which is a popular size for people looking to live in this busy area. This property is a steady performer that is already making money for its owner with a solid 4% cap rate. The building is set up to help keep the owner’s job simple. The units have their own separate hydro meters. One unit uses gas heat while the other two use electric heat. The middle unit currently has its utilities included in the rent, and the landlord pays for the hot water heaters. This setup provides a mix of predictable income and established management that works well for a local investor. Because it is so close to downtown, it is easy to keep these units filled. The property comes with long-term tenants who have lived there for a while, providing a very steady start for a new owner. If you are looking for an investment that is already up and running in a convenient location, 13 Sheridan Street is a great choice. It is a straightforward way to grow your portfolio in a part of the city that people always need. Come see how this reliable property can work for you. (id:64974)
Quick Facts
- Property Type: Triplex (Freehold)
- Bedrooms: 0
- Bathrooms: 3
- Living Area: 2,395 sq ft (222.5 m²)
- Above Grade: 2,184 sq ft (202.9 m²)
- Below Grade: 211 sq ft (19.6 m²)
- Year Built: 1880
- Ownership: Freehold
- Attached: Yes
- Parking: 3.0 spaces
- Lot Size: 0.1100 acres (0.04 ha)
- Frontage: 35 ft (10.7 m)
Costs
- Annual Taxes: $3,288.00
Listing Provided by: Royal LePage Action Realty
Board: Brantford Regional Real Estate Assn Inc
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Electric, Natural gas
- Cooling: None
- Basement: Unfinished, Partial
Exterior & Construction
- Exterior: Aluminum siding
- Foundation: Stone
- Fencing: Fence
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Lot Size: 0.1100 acres (0.04 ha)
- Frontage: 35 ft (10.7 m)
- Features: Crushed stone driveway
- Zoning: NLR
Community & Neighbourhood
- Community: Community Centre
- Subdivision: 2043 - Downtown Core
Listing Information
Listing History
MLS listing activity for 13 SHERIDAN Street, Brantford, Ontario, N3T2P7 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
38 NELSON Street, Brantford
Duplex$469,900
$3,000/yr taxListing Courtesy of Re/Max Twin City Realty Inc
38 NELSON STREET, Brantford
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$3,288/yr taxListing Courtesy of ROYAL LEPAGE ACTION REALTY
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Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
171 DRUMMOND STREET, Brantford
Duplex$469,900
$2,412/yr taxListing Courtesy of RE/MAX ESCARPMENT REALTY INC.
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Duplex$469,900
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38 NELSON STREET, Brantford
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38 NELSON Street, Brantford
Duplex$469,900
$3,000/yr taxListing Courtesy of Re/Max Twin City Realty Inc
13 SHERIDAN STREET, Brantford
Triplex$469,900
$3,288/yr taxListing Courtesy of ROYAL LEPAGE ACTION REALTY
55 CHATHAM Street, Brantford
Duplex$479,900
$2,904/yr taxListing Courtesy of RE/MAX Escarpment Golfi Realty Inc.
53 CHATHAM Street, Brantford
Duplex$479,900
$2,989/yr taxListing Courtesy of RE/MAX Escarpment Golfi Realty Inc.
111 SPRING STREET, Brantford
Duplex$459,900
$2,474/yr taxListing Courtesy of RE/MAX TWIN CITY REALTY INC.
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Duplex$459,900
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13 SHERIDAN Street, Brantford, Ontario, N3T2P7