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 | 2500-3000 |
| 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 |
| Kitchens | 4 |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | ROCK STAR REAL ESTATE INC. |
|---|