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:50886)

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https://www.realtor.ca/real-estate/27241144/165-sydenham-street-brantford