195 Sydenham Street Dresden, Ontario N0P 1M0

$599,000

Excellent investment opportunity! 4-plex in the heart of Dresden featuring two–2-bedroom units and two–1-bedroom units, all with existing tenants in place—buyer to assume tenants. ALL UNITS ARE SEPARATELY METERED WITH EACH TENANT RESPONSIBLE FOR THEIR OWN HYDRO, WATER AND GAS. Gross annual income of $52,722.84 with rents as follows: Unit 1 – $1,300/month plus utilities, Unit 2 – $1,310.98/month plus utilities, Unit 3 – $582.59/month plus utilities, Unit 4 – $1,200/month plus utilities. Property features newer gas furnaces, and a new asphalt shingled roof. Ideally located directly across from the splash pad, baseball diamond, and community pool, and within a short walking distance to Dresden Area Central School and all downtown amenities, no driving necessary. A well-located, solid income-producing property with strong rental appeal. (id:55464)

Property Details

MLS® Number	26008265
Property Type	Multi-family
Equipment Type	Water Heater - Electric
Rental Equipment Type	Water Heater - Electric

Building

Constructed Date	1900
Exterior Finish	Brick
Flooring Type	Hardwood, Laminate
Heating Fuel	Natural Gas
Heating Type	Furnace
Stories Total	2
Type	Fourplex

Land

Acreage	No
Size Irregular	57' X 79'
Size Total Text	57' X 79'
Zoning Description	Rh1

https://www.realtor.ca/real-estate/29623050/195-sydenham-street-dresden