169 Darling Street, Brantford, ON N3S 3W5
169 Darling Street, Brantford, ON N3S 3W5
169 Darling Street, Brantford, ON N3S 3W5
169 Darling Street, Brantford, ON N3S 3W5
169 Darling Street, Brantford, ON N3S 3W5
169 Darling Street, Brantford, ON N3S 3W5
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Listed by Jake Eivers • Pay It Forward Realty
$ 799,000
Est. payment | /mo

1,800 SqFt


$ 799,000
Est. payment | /mo

1,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $443

MLS Listing ID 40817185

Abv Grd Liv Area 1,800

Year Built 1881

Annual Tax Amount $3,964

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Multi-4 Unit

Source Brantford

Property Description

Welcome to 169 Darling Street, a solid and well-maintained four-plex offering an excellent investment opportunity with immediate rental income. This fully tenanted property provides reliable cash flow while still offering future upside potential for investors looking to further improve the net operating income. The building features a durable and attractive restored brick exterior and sits on a rare double lot, providing ample on-site parking for tenants. Major updates have already been completed, including a newer roof, replacement windows, updated plumbing and electrical systems, and upgraded HVAC components, offering peace of mind and reduced maintenance for years to come. The property is also equipped with interconnected smoke alarms, enhancing safety and compliance. Two of the four units have been thoughtfully renovated within the past few years, showcasing modern updates that appeal to today's tenants. Additionally, the property benefits from owned water heaters, helping to keep operating expenses manageable. With half of the units currently on updated rents and the remaining units presenting future rental growth potential, there is clear opportunity to further enhance the property's income and overall return. Ideally located close to shopping, public transit, schools, and everyday amenities, 169 Darling Street is well-positioned to attract and retain tenants. With its strong income profile, attractive cap rate potential, and value-add opportunities, this turnkey four-plex is a compelling addition to any real estate portfolio.

Location

Province ON

County Brantford

Area 2040 - Terrace Hill/E & N Wards

Zoning C3-1

Direction Travelling north on Clarence Street, turn right onto Darling Street.

Rooms

Basement Full, Finished

Kitchen 0

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Hot Water Tank Owned, Refrigerator, Stove

Laundry Shared

Exterior

Parking Features Asphalt, Other

Roof Type Asphalt Shing

Lot Frontage 85.45

Lot Depth 132.0

Garage No

Building

Lot Description Rectangular, City Lot, Park, Place of Worship, Public Transit, Schools, Shopping Nearby

Faces Travelling north on Clarence Street, turn right onto Darling Street.

Story 3

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 321380065

Ownership Freehold/None

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169 Darling Street