Address
28 GRIFFITHS Drive Paris, ON
Price
$ 1,349,888
Property Attributes
  • ID#40126171
  • TypeMulti-Family
  • CityParis
  • AreaBrantford Region
  • Postal CodeN3L 4B7
  • Style
  • Price$ 1,349,888
  • Bedrooms8
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4224
Listing Provided Courtesy Of:
Julie Neal with Redline Properties Inc.
Data Source:
RLP - CREA EN
Property Description

Rare opportunity to purchase three neighbouring investment properties in the desirable and growing neighbourhood of Paris, Ontario. 26, 28 & 30 Griffiths Drive (listed for $1,349,888 EACH) are fourplex buildings that are surrounded by green-space. Rents range from $1,025/m-$1,400/m (most recent unit) - Average current rent is $1,150/unit/m. All units are 2 bedrooms and 1.5 bathrooms. Separate Utilities & HVAC Systems. Potential For Condo/Resale Development For all 3 buildings - Annual Income: $165,960/y - Expenses: Taxes: $17,924 (2020) Insurance: $3,600/y Reliance: $4,152 Water: $15,372 - Net Income: $124,912/y

General Features

Beds 8

Interior Features

Bedrooms 8

Exterior Features

Lot Frontage 70.00
Jumpid 15236836
Mls 40126171

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N3L 4B7

Price
AVG $1.35M
$1.35M
Visits
AVG 89
84

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