$850,000

Investment For Sale In Sudbury, Ontario

$850,000

Property Information:

This well-maintained multi-residential building features six self-contained units, offering a mix of bachelor, one-bedroom, and two-bedroom apartments. Fully tenanted with strong rental income and consistent occupancy, the property delivers excellent cash flow potential.Recent upgrades to the electrical and plumbing systems provide added security and lower maintenance concerns for investors. With a current cap rate of approximately 8%, this is a solid income-generating opportunity with room for future appreciation.Ideally located near schools, public transit, shopping, and other local amenities, the building’s location is highly attractive to tenants.Financial statements are available upon request.Don’t miss this rare opportunity to own a versatile and profitable multi-unit property in a desirable location.The sellers are open to a VTB arrangement.

Inclusions: Other

Building Features:

  • Floor Space: 2258 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Lane/Alley Parking, Private Drive Double Wide
  • Floor Space (approx): 2258 Square Feet
  • Heating: Radiant
  • Laundry Features: Coin Operated
  • Lot Depth: 120 Feet
  • Lot Features: Rectangular, Airport, Ample Parking, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Library, Open Spaces, Park, Place of Worship, Playground Nearby
  • Lot Frontage: 66.00 Feet
  • Parking Features: Detached Garage
  • Road Frontage Type: Year Round Road
  • Roof: Shingle
  • Water Source: Municipal
  • Waterfront Features:
  • Zoning: R2-3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 10

Courtesy of: One Percent Realty Ltd.

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