339 Elm Street Sudbury Remote Area, Ontario P3C 1V7
$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
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May 14 2024 11:31:36
Toronto Real Estate Board
RE/MAX Real Estate Centre Inc.
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