165 SYDENHAM Street, Brantford, Ontario

$699,900

4 Beds
5 Baths
2,210 Square Feet

Welcome to 165 Sydenham St – a prime investment opportunity with significant income potential! This unique property is currently configured as five units, with (2) two of the (5) five units vacant and the possibility of having All Five (5) vacant upon the closing date for prospective buyers. Generating an annual income of $34,800, this property has the potential to reach $77,400 per year with the vacant units leased, making it a true income-generating powerhouse. Nestled on over half an acre of land with a 254 ft deep, L-shaped lot backing onto a ravine, this property offers no rear neighbours and is ideal for future development. A detached, heated workshop on-site may be able to be converted into a garden suite/ADU, providing even more cash flow options (Buyer to do there own due diligence) Whether you're an investor seeking strong rental income or a family interested in multi-generational living, 165 Sydenham St offers the flexibility and space to suit your needs. Centrally located with easy access to shopping, amenities, and public transit, this property combines convenience with opportunity. Don't miss out on this exceptional chance to invest in a property with development potential, vacant units ready for your own tenants, and incredible income prospects! Contact us today to explore this one-of-a-kind opportunity. (id:23309)

Listing ID: 40628211
Property Type: Multi-family
Year Built: 1890

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Details

Amenities Nearby: Hospital
Equipment: Water Heater
Features: Backs on greenbelt, Conservation/green belt, Crushed stone driveway
Ownership: Freehold
Parking Spaces: 6
Rental Equipment: Water Heater
Structure: Workshop, Shed
Transaction: For sale
Zoning Description: RC

Building

BasementType: Partial (Unfinished)
Basement Development: Unfinished
Constructed Date: 1890
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 5
Heating: Forced air, Radiant heat
Size Interior: 2210 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Amenities: Hospital
Sewer: Municipal sewage system
Size Frontage: 64 ft
Size Irregular: 0.566
Size Total: 0.566 ac|1/2 - 1.99 acres

Listing provided by Rock Star Real Estate Inc., Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 165 SYDENHAM Street in Brantford Ontario. It was last modified on August 1st, 2024. Contact the Bonnie & Ken Rossiter Team to schedule a viewing or to discover other Brantford real estate for sale.

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