$475,000

Investment For Sale In Sudbury, Ontario

$475,000

Property Information:

8.5% cap rate makes this purchase a solid investment. This well-maintained triplex consists of two 3 bedroom and one 2 bedroom apartments and is located in a high demand rental area. All units are vacant and the new owner can determine his/her own rents. Large 900 square feet self-contained units with separate entrances and parking space. In addition each apartment has its own laundry hook-up, hydro meter, gas meter and individually controlled hot water heating system and hot water heater. Recent improvements include new roof shingles (2022), side deck, new decking at front entrance, laminate flooring, new light fixtures, bathroom vanities, doors and hardware and paint throughout. Walking distance to public transit, schools, shopping and downtown Sudbury. This well-looked-after income property is ready to rent. Ask your Realtor for a copy of the Income and Expenses Statement. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Exterior Finish: Vinyl
  • Fire Protection: Smoke Detectors
  • Flooring Type: Laminate
  • Foundation Type: Block
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: In Floor Heating
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Amenities Nearby: Public Transit, Schools
  • Road Type: Paved road
  • Storage Type: Storage Shed
  • Zoning: R2-3
  • Sewer: Municipal sewage system
  • Parking Type: Gravel

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.