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$ 719,000
Est. payment /mo
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3-5 Eyre Street Sudbury, ON P3C4A2
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2123268
Property Sub-Type Freehold
Source Sudbury Real Estate Board
Property Description
An exceptional investment opportunity in Sudbury's West End, this solid brick sixplex at 3–5 Eyre Street features six above-grade one-bedroom units—four compact and two larger suites—delivering an annual gross income of over $75,000 with an 8.02% cap rate. The property offers stable tenancy, municipal services, natural gas heating via a hot water boiler system, and a detached garage with rental potential. Zoned R2-3 on a 64.99' x 88' lot, it boasts recent fire code compliance (March 2025), a fully approved safety plan, and positive cash flow projections. This property offers an attractive price per unit and significant potential to increase value through strategic improvements, making it ideal for a BRRRR investment approach. Its location provides convenient access to public transit, schools, and downtown amenities. Detailed financials are available upon request. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Boiler
Flooring Vinyl
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE