165 Sydenham Street Brantford, Ontario N3R 3Z1
$729,900
Welcome To 165 Sydenham St, A Remarkable Duplex 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 With A 254 Ft Deep, L-Shaped Lot Backing Onto A Ravine With No Rear Neighbours, It Offers Significant Development Potential. The Property Generates $69,720 Annually With One Vacant Unit That Could Increase Your Income To $84,120 Per Year. Additionally, There Is A Detached Heated Workshop That Can Be Used Personally Or Rented Out For Extra Cash Flow. 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. (id:27910)
Property Details
| MLS® Number | 40608907 |
| 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 |
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July 04 2024 02:46:32
Oakville, Milton & District Real Estate Board
Rock Star Real Estate Inc., Brokerage