$589,900

Investment For Sale In Sudbury, Ontario

$589,900

Property Information:

Terrific triplex available in sought after South End location. Located on Lawson Street, this property offers a nice mix with 1-1 bedroom, 1-2 bedroom and a furnished and air conditioned 3 bedroom on the top floor. Tenants in apartments 1 and 3 pay their own hydro. Heating is supplied by an economical natural gas boiler and on-demand hot water tank replaced in 2023. Apartment 1 was totally renovated from one end to the other in 2024. Interlock driveway with parking for up to 5 cars. Building has been very well maintained. Close to schools, shopping, hospital and the university. Great rental area. Cap rate of 7.0% at list price! (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Exterior Finish: Brick imitation, Vinyl siding
  • Fire Protection: Smoke Detectors
  • Flooring Type: Laminate, Linoleum, Vinyl
  • Foundation Type: Poured Concrete
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Boiler

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Amenities Nearby: Hospital, Park, Playground, Public Transit
  • Road Type: Paved road
  • Storage Type: Outside Storage
  • Zoning: R2-2
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

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