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$ 700,000
Est. payment /mo
Active
265 & 267 Cedar Street Sudbury, ON P3B1M8
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2123985
Property Sub-Type Freehold
Source Sudbury Real Estate Board
Property Description
Prime Investment Opportunity – 16-Unit Income Property This 16-unit building is a proven income generator with a fantastic location that tenants love — just steps from shopping, public transit, and the downtown office hub. The property includes 14 bachelor units, two 2-bedroom apartments, and one storage unit. Operated successfully for over 40 years, this building delivers an excellent return with many long-term tenants. In the past two years, it has seen extensive updates inside and out, including boiler upgrades and a monitored fire alarm system. Certificates completed include the Fire Safety Plan and Retrofit Surface Certificate. With a gross annual income of approximately $105,000, this is an opportunity not to be missed. A confidentiality agreement is required before any financial information is disclosed. A great deal—call today to book a private showing! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Boiler
Cooling None
Flooring Hardwood, Linoleum, Vinyl
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXP REALTY, BROKERAGE (MAIN)
