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$ 850,000
Est. payment | /mo
8 Beds
6 Baths
2,258 SqFt
$ 850,000
Est. payment | /mo
8 Beds
6 Baths
2,258 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,258 sqft
Price per Sqft $376
Subdivision Greater Sudbury
MLS® Listing ID 40741121
Bedrooms 8
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property Description
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. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Cooling None
Exterior
Parking Features Yes
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by One Percent Realty Ltd.
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