$375,000

Investment For Sale In Sudbury, Ontario

$375,000

Property Information:

****PRICE ADJUSTMENT LEGAL TRIPLEX WITH 1 VACANT UNIT****Introducing 220 Kathleen St in Sudbury, a lucrative investment opportunity that promises exceptional returns. This money-making triplex boasts a remarkable capitalization rate of 10.44%, making it a standout choice for savvy investors. Unit 3 shines with its recent complete updates, offering modern amenities and stylish finishes to attract quality tenants. Additionally, each unit is equipped with separate meters for hydro and gas, ensuring tenants are responsible for their utility expenses, which enhances the profitability of the property. This triplex is strategically positioned to attract reliable tenants, further solidifying its potential for consistent income generation. Whether you're a seasoned investor or looking to enter the rental property market, this opportunity offers both stability and significant financial rewards. Don't miss out on the chance to own this exceptional income-generating asset at 220 Kathleen St. Take advantage of the thriving rental market in Sudbury and secure your investment today! (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Partial
  • Flooring Type: Laminate, Vinyl, Carpeted
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Boiler, Forced air, High-Efficiency Furnace
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Amenities Nearby: Public Transit, Shopping
  • Storage Type: Outside Storage
  • Zoning: R2-3
  • Sewer: Municipal sewage system
  • Parking Type: Gravel

Courtesy of: REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.