Money making 6plex building in the Centre of Sudbury. Gross Rent over $90K with Net Rent in excess of $72K. New Windows (2023), coin op, gas boiler (2020), 4-Large one bedroom units($1k), 1-4Bedroom($2k) and 1-3Bedroom($2k) units, parking in front and at the rear for over 7 vehicles. Always rented. One 1Bd unit below market rent ($780), typical rental $1k/mth to $2k/mth. Most units, kitchen and bathroom have been updated (2024). Vacant unfinished basement. Fully tenanted - 30 hours notice for viewings. (id:60365)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X12202486 |
Property Type | Multi-family |
Community Name | Sudbury |
Appliances | Dryer, Water Heater, Washer |
HeatingFuel | Natural Gas |
HeatingType | Hot Water Radiator Heat |
SizeInterior | 4600 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 115 Ft |
SizeFrontage | 40 Ft |
SizeIrregular | Unit=40 X 115 Ft |
SizeTotalText | Unit=40 X 115 Ft |
ZoningDescription | R2-3 |
https://www.realtor.ca/real-estate/28429902/507-percy-avenue-greater-sudbury-sudbury-sudbury
Brent Michael Byers
Broker