$775,000 $4,160 est/mo Sourced by Back At You

339 Elm Street,Sudbury, ON P3C 1V7

Sudbury ON, P3C 1V7

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Description

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.

Details

MLS#40587986
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1940
Days On Site60
Listing Provided ByRE/MAX Real Estate Centre Inc, Brokerage | Nathan Adorjan

Features

Bed(s)11
Bath(s)6
SQ Feet3,000
BasementY
Story(s)3
Units6
ZoningC2, R2-3, C2(103)
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionSudbury
CitySudbury
Postal CodeP3C 1V7
AreaSudbury (City)
SubareaGreater Sudbury
Community NameGreater Sudbury
Listing VS Median (in Greater Sudbury)
Price:
$775,000
low | high
Med:
$674,500
62.967741935484% of Average
SqFt:
3,000
low | high
Med:
1,962
84.616666666667% of Average
$ / SqFt:
$258
low | high
Med:
$440
20.364869115437% of Average
On Site:
60
low | high
Med:
61.500000
97.560975609756% of Average
Sourced by Back At You
Listing Updated: July 2, 2024 at 8:54:43 AM PDT