About This Property
This multi-family in Sudbury is available for your consideration. The home features forced air heating, a full basement.
MLS Remarks
This fully rented, cash-flow-positive 6-unit all-brick apartment building offers immediate income with value-add potential. It includes two 2-bedroom units (with basements for future expansion) and four 1-bedroom units, with three units recently renovated featuring modern finishes and white cabinetry. Features include two natural gas furnaces and a paved driveway. Key upgrades include shingles (2022), fire-rated doors and windows, fire escape improvements and partial electrical updates with ESA certification, ensuring a well-maintained and compliant building. Situated on a 50’ x 122’ lot in an R2-3 zoned area, the property is municipally serviced and generates strong, stable rental income. With an 8.8% cap rate, this opportunity offers a rare chance to acquire a turnkey, high-yield asset in Sudbury’s growing market. (id:60351)
Overview
Interior
Exterior
Location
View larger mapListing Information
MLS#: 2125587
Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.
Powered by REALTOR.ca DDF
Interested in this property?
Get in touch for a private showing or more details about this listing.
Request InformationFree Home EvaluationOr call us directly
416-918-7814Mortgage Calculator
For illustration purposes only. Consult a mortgage professional for accurate rates.
Land Transfer Tax
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.