10 Nelson Street

Fantastic investment opportunity located right in downtown Brantford with the University! This spacious brick home Circa 1880 is currently student housing with seven rooms rented for $450/month each. There is an optional eighth bedroom for even more income (currently used as a second common room upstairs), 5 bathrooms, 3 kitchens, laundry in the basement and lots of parking - all steps away from the campus. Three bedrooms have ensuite baths, there are four elegant original fireplaces (not in use) in the four largest rooms and hardwood floors throughout, This property was previously used as multi family and can be easily converted back in to a 4-plex or possibly a 5-plex. The 4th kitchen was converted to a bedroom - the plumbing was capped not removed. 4 hydro metres were condensed into two metres, the wiring and separate hydro panels were left intact for 4 separate services for a 4-plex if wanted. You can live in one apartment and make money renting the rest out! The one bedroom apartment at the back already has a separate entrance. This property is well maintained, the hot water boiler furnace was replaced in 2016, roof re-shingled in 2012, wiring and plumbing have been updated, R-50 attic insulation added. Don't miss out on this great property with lots of possibilities in a very desirable location.