Quick Summary
Quick Summary
- Centrally located 4-plex in high-demand rental area
- Strong 6.93% cap rate with potential to exceed 9.5%
- Low-maintenance property with separate entrances
- Includes 1 spacious 2-bedroom and 3 bright 1-bedroom units
- Additional income from coin-operated laundry
- Ample parking and no lawn to maintain
- Conveniently located near restaurants, grocery, parks, schools
- Turnkey property with growth potential for investors
Amazing Investment Opportunity in Sudbury! This centrally located 4-plex in a high-demand rental area is a rare find with a strong 6.93% cap rate and potential to exceed 9.5%. Built in 1994, this low-maintenance property includes 1 spacious 2-bedroom unit ($945.55/month plus hydro) and 3 bright 1-bedroom units (Unit 1: $814.22/month,... Show More
Amazing Investment Opportunity in Sudbury! This centrally located 4-plex in a high-demand rental area is a rare find with a strong 6.93% cap rate and potential to exceed 9.5%. Built in 1994, this low-maintenance property includes 1 spacious 2-bedroom unit ($945.55/month plus hydro) and 3 bright 1-bedroom units (Unit 1: $814.22/month, Units 2 & 4: $1,250/month plus hydro). There’s even extra income from coin-operated laundry ($125/month). The property stands out with separate entrances, individual hydro meters, ample parking, and no lawn to maintain. Close to restaurants, grocery stores, parks, schools, bus routes, and Collège Boréal, it’s perfectly located and easy to manage. Whether you're a first-time investor or growing your portfolio, this property is turnkey and full of potential. Don’t miss out—call now to book your viewing! (id:54626)
Property Details
Build
Utilities
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
- 1,500 - 2,000 Sq. Ft.
- 5
- 2
- 6
- 4
- 1,500 - 2,000 Sq. Ft.
- 3
- 2
- 4
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 3
- 2
- 6
- 3
- 4
- 2
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.