$599,900

Investment For Sale In Sudbury, Ontario

$599,900

Property Information:

Cedar Street - Exceptional Investment Opportunity! This is the one you’ve been waiting for — a high-potential property offering great value and strong future upside. Featuring 5 spacious units: Two 2-bedroom units,Two 1-bedroom units and One 1-bedroom + den unit. Located in a prime central location adjacent to a business district and within walking distance to all amenities, this architecturally appealing building is a solid addition to any portfolio. The property boasts: A large, paved driveway; Attached garage, ample rear parking with lane access and a private rear patio space for tenant enjoyment. Recent upgrades include new shingles, eavestroughs, soffits, and fascia — reducing your maintenance concerns. Plus, there’s potential to generate extra income by renting out unused parking spaces. This is a phenomenal investment opportunity with room to grow. Don’t wait — properties like this don’t last long! Additional rent could be easily be obtained if garage and back entrance and laundry room could be very easily converted and rented to a commercial business allowing great exposure so a huge sign could be placed on the side of the garage facing Brady Streeet. Plenty of parking in front of garage - room for four cars. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Fire Protection: Alarm system
  • Foundation Type: Concrete, Stone
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters

Property Features:

  • Property Type: Multi-family
  • Zoning: C1
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage

Courtesy of: RE/MAX SUDBURY INC., BROKERAGE

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