464 King Street Sudbury, Ontario P3B 2L3
$625,000
Incredible investment opportunity on a solid building in a great rental area. This well-kept 6-plex has lots to offer including all separate entrances for tenants, tons of parking ad located at the end of a quiet street. Two units with updated flooring and bathrooms are vacant and ready for the new owner to set your own rental! Great positive cash flow and cap rate of 6.61%! Furnace, water heater and electrical were all newer. The roof is new (2020), shingles, vents, wrap, flashing and rafters were updated. Insulation was upgraded in 2021 to achieve R50 value. Do not miss your chance at this great investment. (id:46568)
Property Details
| MLS® Number | 2112014 |
| Property Type | Multi-family |
| Equipment Type | Water Heater - Gas |
| Rental Equipment Type | Water Heater - Gas |
| Storage Type | Storage Shed |
Building
| Basement Type | Full |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Fire Alarm System, Smoke Detectors |
| Flooring Type | Laminate, Tile |
| Foundation Type | Block |
| Heating Type | High-efficiency Furnace |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/25796475/464-king-street-sudbury
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July 06 2023 06:12:02
Sudbury Real Estate Board
RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)
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