Sudbury, Ontario P3B2N1, Sudbury home/condo for sale | 2121090

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Prime Investment Opportunity – An exceptional multi-unit investment property in the heart of Sudbury, offering strong income potential and flexibility. Currently operating at an approximate 8.8% cap rate, this well-maintained property provides excellent returns with stable rental income. It features three separate units, each with its own private entrance for tenant convenience and privacy. The main unit is a spacious 3-bedroom, 1-bathroom, rented at $1,640.03/month; the upper 2-bedroom unit, newly renovated, is rented at $1,300/month; and the upper 1-bedroom unit is rented at $755.98/month. This versatile property allows for multiple investment strategies, whether you continue as a fully leased income property or choose to owner-occupy in the future while tenants offset your mortgage. Centrally located, it is close to amenities, transit, and essential services, ensuring strong tenant demand. Don't miss this fantastic investment opportunity—schedule your showing today! (id:26452)

Other located at Sudbury, Ontario P3B2N1. Sudbury, Ontario P3B2N1 is in the Sudbury neighborhood. Sudbury, Panage Lake, and Greater Sudbury are nearby neighbourhoods.

Agent Contact: JEDD SMITH Phone: +17056904533
Listing Courtesy of: ROYAL LEPAGE REALTY TEAM BROKERAGE
Source: crea , MLS#: 2121090

Property Description

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