$399,900

Investment For Sale In Sudbury, Ontario

$399,900

Property Information:

Turnkey duplex in prime rental area. Situated in the centre of the city, this recently renovated duplex has been redone top to bottom. Close to all amenities - Food Basics and downtown core and on a bus route. Property is fully tenanted with super net income of $33,010.00. Capitalization rate of 7.9% gives an excellent rate to return especially with the current reduction in interest rates and anticipated further reductions. There is an open permit that will be closed prior to closing. Please allow 26 hours for showing. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Fire Protection: Smoke Detectors
  • Flooring Type: Laminate
  • Foundation Type: Concrete, Poured Concrete
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Unknown
  • Road Type: Paved road
  • Storage Type: Unknown
  • Zoning: R1-5
  • Sewer: Municipal sewage system
  • Parking Type: Gravel, Parking Spaces

Courtesy of: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.