$199,900

Investment For Sale In Sudbury, Ontario

$199,900

Property Information:

Welcome to 460 Myles, an incredible investment opportunity featuring three spacious 1-bedroom units and a 9.5% cap rate. Each unit offers comfortable living spaces with the potential for updates and improvements, making it ideal for investors or those looking to generate rental income. This property has tons of potential for forced value appreciation with the right vision. Whether you choose to update the units for higher rental yields or keep them as-is for steady income, this triplex is an excellent addition to your portfolio. With each unit offering a one-bedroom layout, there is great appeal for singles, couples, or retirees looking for a cozy home in a quiet neighbourhood. Plus, with limited multi-unit properties in the area, there's always strong rental demand. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Other

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Storage Type: Storage Shed
  • Zoning: R2-3
  • Sewer: Municipal sewage system
  • Parking Type: Shared

Courtesy of: EXP REALTY, BROKERAGE

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.