Prime Investment Opportunity – An exceptional multi-unit investment property in the heart of Sudbury, offering strong income potential and flexibility. Previously operating at a 7.5% cap rate, this property presents an opportunity for increased returns with the ability to set your own rent or owner-occupy one of the units while the others offset your mortgage. This well-maintained building features 3 separate units, each with its own private entrance for tenant convenience and privacy. The main unit offers 3 spacious bedrooms and 1 bathroom, while the upper 2-bedroom unit has been newly renovated and is currently vacant, allowing for immediate leasing or owner occupancy. A third 1 bedroom unit completes this versatile property, making it ideal for a range of investment strategies. Situated in a central location, this property is close to amenities, transit, and essential services, ensuring strong tenant demand. Don't miss this fantastic investment opportunity—schedule your showing today! (30139641)
Property Type
Multi-family
Parking Type
Parking Space(s)
Time on REALTOR.ca
10 days
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