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 two vacant units and the possibility of having up to four or five vacant upon the closing date for prospective buyers. Generating an annual income of $54,360, this property has the potential to reach $84,120 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 is currently rented and could be converted into a garden suite/ADU, providing even more cash flow options. 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 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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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, located at 165 SYDENHAM Street in Brantford Ontario, was last modified on August 1st, 2024. Contact Cheryl DesRoches to schedule a viewing or to find other properties for sale in Brantford.