11 Bedroom
6 Bathroom
Radiant Heat
$775,000
Solid 6 unit building in the heart of Sudbury that has incredible cash flow and potential even in this market with the current interest rates! Currently fully lease (expect unit 2), this 5- 2 bedroom unit and 1 bachelor unit building has a cap rate of around 8.2%. Please see attached expense and financial sheet. Thousand spent on upgrades such as fully renovated unit 1, renovated unit 2, a newer roof from 2023, newer smoke detectors, appliances and more! Separate Hydro Meters With 5 Tenants Paying Their Own Hydro. 6 Surface rear Parking Spots At The Rear Of The Building. Excellent Prospect For Investors Seeking A Higher Cap Rate Than In The GTA. **** EXTRAS **** All ELF, All appliances 14: 6 fridges, 6 stoves, coin operated washer and dryer. (id:12178)
Property Details
MLS® Number
|
X8338680 |
Property Type
|
Multi-family |
Features
|
Carpet Free |
Parking Space Total
|
6 |
Building
Bathroom Total
|
6 |
Bedrooms Above Ground
|
9 |
Bedrooms Below Ground
|
2 |
Bedrooms Total
|
11 |
Appliances
|
Dryer, Refrigerator, Stove, Two Stoves, Washer |
Exterior Finish
|
Brick |
Foundation Type
|
Poured Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Radiant Heat |
Stories Total
|
3 |
Type
|
Other |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Irregular
|
44 X 100 Ft |
Size Total Text
|
44 X 100 Ft |
https://www.realtor.ca/real-estate/26894711/339-elm-street-sudbury-remote-area