135 Sherwood Drive, Brantford, ON

$689,000

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5

Beds

4

Baths

2,500

Square feet

About 135 Sherwood Drive

Fully tenanted 4-plex in the heart of Brantford presents a strong investment opportunity with multiple revenue streams. In addition to the 4 rental units, the property includes a 749 sqft. detached garage generating extra revenue as storage to 1 tenant. The property has a wide 100ft frontage providing for a possible severance zoned to accommodate a semi-detached building. This could possibly create 4 additional units. The garage has its own electricity meter and gas for heat and is also able to finished into another residential unit. The house has 4 rental units: Three 1-bedroom/1-bath and one 2-bedroom+ den/1-bath. The building has Coin-operated laundry facilities and ample parking for tenants having enough room for 20+ vehicles. Gas furnace provides heating while 3 water heaters service the different units. Another key factor of this property is the opportunity to rezone all of it- if you were to demolish the building the zoning would change from the grandfathered residential into commercial. With its combination of residential income and commercial/development potential, this property is a perfect addition to any investment portfolio.

Features of 135 Sherwood Drive

MLS® # X13654870
Price $689,000
Bedrooms 5
Bathrooms 4.00
Square Footage 2,500
Type Residential Freehold
Sub-Type Fourplex
Style 2-Storey
Status Active

Community Information

Address 135 Sherwood Drive
Area Brantford
City Brantford
Province ON
Postal Code N3T 1N8

Amenities

Parking Spaces 25
# of Garages 4
Garages Detached
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling None
Fireplace No
Basement Partial Basement, Unfinished

Exterior

Exterior Brick

Listing Details

OfficeROCK STAR REAL ESTATE INC.

Listing Map

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