Located in Sudbury's desirable west end, this well-maintained building offers an excellent opportunity for investors. Situated in a high-demand rental and commercial space area close to grocery stores, coffee shops, amenities, and bus routes, this property boasts consistent rental income and strong tenant appeal. This solid investment currently features three (3) self-contained apartment units and has undergone numerous recent upgrades including modernized electrical and plumbing systems, updated bathrooms, and a new roof- giving peace of mind and reducing maintenance costs. The C2 zoning also offers flexibility and many additional opportunities. With a strong 8% cap rate, this property is a true money-maker from day one. Don't miss out on this prime income generating property in a sought-after location. (id:62499)
| MLS® Number | 2122735 |
| Property Type | Other |
| Neigbourhood | Sudbury |
| Equipment Type | Air Conditioner, Furnace, Water Heater |
| Rental Equipment Type | Air Conditioner, Furnace, Water Heater |
| Exterior Finish | Brick |
| Flooring Type | Laminate, Tile |
| Heating Type | Forced Air |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | 0-4,050 Sqft |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/28427519/1071-lorne-street-sudbury
Contact us for more information
Anthony Rocca
Salesperson
(866) 530-7737
(647) 849-3180
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
© 2023 Created with Royal Elementor Addons
© All Rights Reserves
