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$ 210,000
Est. payment /mo
New
97-99 Fairview Avenue Sudbury, ON P3B2M9
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2124755
Property Sub-Type Freehold
Source Sudbury Real Estate Board
Property Description
Centrally located 4-unit income property with excellent upside potential! Currently generating a 12.61% cap rate, this building is ideal for a BRRR investor looking to renovate and maximize rental income. One of the 1-bedroom units is vacant and ready for improvements, creating an immediate value-add opportunity. All units are heated with efficient gas convection wall units, and the back shingles were replaced in 2019. With room to further increase net operating income and appreciation, this property offers both strong current cash flow and future growth. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Flooring Laminate
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
