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265 & 267 Cedar Street

Downtown Sudbury, Sudbury, ON, P3B 1M8

-
Beds
-
Baths
$699,000
List Price
Details
Photos
4
Comparables
History
265 & 267 Cedar Street, Sudbury, ON - 1 of 3
265 & 267 Cedar Street, Sudbury, ON - 2 of 3
265 & 267 Cedar Street, Sudbury, ON - 3 of 3
New
29 days on market

Quick Summary

  • Profitable 16-unit multi-family building
  • Convenient location near shopping and transit
  • Long-term tenants with stable occupancy
  • Recently updated interior and exterior
  • Upgraded boiler and monitored fire alarm
  • Includes fire safety plan and retrofit cert
  • Generates approximately $105,000 gross income
  • Confidentiality agreement required for financials

This is a real money maker! This 16 unit building offers a Great location for tenants with proximity to shopping, buses and downtown office hub. There are 14 rooms, 2 x 2 bedrooms apartments, 1 storage unit. This property has been property has been operating as a business for over 40 years & makes a very good return. Many long-term... Show More

This is a real money maker! This 16 unit building offers a Great location for tenants with proximity to shopping, buses and downtown office hub. There are 14 rooms, 2 x 2 bedrooms apartments, 1 storage unit. This property has been property has been operating as a business for over 40 years & makes a very good return. Many long-term tenants. In the last few years the property has undergone extensive updates to both the interior and exterior, boiler upgrades and a monitored fire alarm system. There are a few certificates that been done including fire safety plan & a Retrofit Certificate. A confidentiality agreement must be signed before any financial information is released. Gross income approximately $105,000.00/yr. Great deal so call for a showing!! (id:54626)

Property Details

Parking

Gravel

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Brick, Vinyl siding
Foundation
-
Builder Name
-
Stories
2
Flooring
Hardwood, Linoleum, Vinyl
Roof
Asphalt shingle

Heating & Cooling

Heating
Boiler
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
2119691
Last Updated
November 8, 2024
Brokerage
SUTTON-BENCHMARK REALTY INC., BROKERAGE
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