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Greater Sudbury,ON P3B 2T7
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,811 sqft
Price per Sqft $78
MLS Listing ID X9351055
Annual Tax Amount $3,920
Tax Year 2024
Property Description
Cash Flowing, Full Rented, 4 Unit- Detached Building, Maintenance Free, R2-3 Zoning. Each unit with separate entrances/door, Loads of parking and room for a garage at the rear. Gas forced Air Heat, Upgraded electrical, New Roof (2016), Front Deck and common area/foyer. Gross Rent $3100 with 3 long term tenants, Potential Rent $45k. 30 Hr Notice required for viewings, Weekend viewings after 10:00am. Deposit Min. $7k. Turn Key Property, all 1 Bedrm Units, Market rent $1k+ per month ($3800/mth), Seller willing to hold VTB Current Cap Rate over 6%, Fully unfurnished large basement available pot. Rental.
Location
Province ON
County Greater Sudbury
Area Remote Area
Interior
Cooling No
Exterior
Utilities Available Yes