86 DRUMMOND Street , Brantford

8 Bed / 5 Bath / $949,900 / MLS® Listing #:40037799

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5 plex for sale. Tenants pay their own hydro except #5 which the landlord has in his common hydro bill. Landlord pays the heat(hot water gas) and water/sewage. RENTS 1) 3 bedroom $1450. 2) 3 bedroom $1450. 3) bachelor $750. 4) 1 bedroom $1045. 5) 1 bedroom and den $1200 Note #5 hydro is paid by the landlord with his common hydro billing. Total $5895 monthly. $70740 yearly. EXPENSES: Taxes $6067. Heat $3036. Water/sewer $2778. Insurance $2349. Common hydro $801 and Water heater $600. Total Yearly $15631. NET INCOME $55109. CAP RATE 5.8%. Extensive plumbing and electrical work has been completed in 2019. (id:10452)

Property Details

Property Type Multi-family
Square Feet 3252.0000
Maintenance N/A
Days On Our Website 80
Basement Unfinished - Full (Unfinished)
Lot Dimensions under 1/2 acre
Pool N/A
Area Brantford
Air Conditioning None
Heating - Hot water radiator heat
Exterior Brick
Parking Spaces 2
Sewers Municipal sewage system
Water Municipal water

Listing Office: Royal LePage Action Realty

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