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:31697)
| MLS® Number | 40628211 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital |
| EquipmentType | Water Heater |
| Features | Backs On Greenbelt, Conservation/green Belt, Crushed Stone Driveway |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | Water Heater |
| Structure | Workshop, Shed |
| BathroomTotal | 5 |
| BedroomsTotal | 4 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructedDate | 1890 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingType | Forced Air, Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 2210 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Hospital |
| Sewer | Municipal Sewage System |
| SizeDepth | 256 Ft |
| SizeFrontage | 64 Ft |
| SizeIrregular | 0.566 |
| SizeTotal | 0.566 Ac|1/2 - 1.99 Acres |
| SizeTotalText | 0.566 Ac|1/2 - 1.99 Acres |
| ZoningDescription | Rc |
https://www.realtor.ca/real-estate/27241144/165-sydenham-street-brantford
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