165 Sydenham Street Brantford, Ontario N3R 3Z1
$699,900
Welcome To 165 Sydenham St, Currently Utilized As Five Units, Generating Impressive Rental Income. This Cash Cow Property Offers An Attractive Cap Rate Of Over 8%! Situated On A Spacious, Over Half An Acre Lot With A 254 Ft Deep, L-Shaped Lot Backing Onto A Ravine With No Rear Neighbours, It Offers Significant Development Potential. The Property Currently Generates $54,360 Annually With Two Vacant Units That Could Increase Your Income To $84,120 Per Year. Additionally, There Is A Detached Heated Workshop Currently Rented Which May Be Able To Be Converted Into A Garden Suite / ADU !!! For Extra Cash Flow. 165 Sydenham St Is Perfect For Investors Seeking Substantial Rental Income Or Families Looking For Multi-Generational Living Arrangements, This Property Is Centrally Located, Offering Easy Access To Amenities, Shopping, And Public Transit. Whether You're An Investor Or Searching For A Spacious Home With Rental Potential, This Multi-Unit Property Presents An Exceptional Opportunity. Possibility Of Additional Vacant Units Upon Accepted Deal (id:59646)
Property Details
MLS® Number | 40628211 |
Property Type | Multi-family |
Amenities Near By | Hospital |
Equipment Type | Water Heater |
Features | Backs On Greenbelt, Conservation/green Belt, Crushed Stone Driveway |
Parking Space Total | 6 |
Rental Equipment Type | Water Heater |
Structure | Workshop, Shed |
Building
Bathroom Total | 5 |
Bedrooms Total | 4 |
Basement Development | Unfinished |
Basement Type | Partial (unfinished) |
Constructed Date | 1890 |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Foundation Type | Stone |
Heating Type | Forced Air, Radiant Heat |
Stories Total | 2 |
Size Interior | 2210 Sqft |
Type | Duplex |
Utility Water | Municipal Water |
Land
Acreage | No |
Land Amenities | Hospital |
Sewer | Municipal Sewage System |
Size Depth | 256 Ft |
Size Frontage | 64 Ft |
Size Irregular | 0.566 |
Size Total | 0.566 Ac|1/2 - 1.99 Acres |
Size Total Text | 0.566 Ac|1/2 - 1.99 Acres |
Zoning Description | Rc |
https://www.realtor.ca/real-estate/27241144/165-sydenham-street-brantford
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