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339 Elm Street

West End, Sudbury, ON, P3C 1V7

11
Beds
6
Baths
$775,000
List Price
Details
Photos
1
Comparables
History
339 Elm Street, Sudbury, ON
46 days on market

Quick Summary

  • Solid 6-unit building with excellent cash flow
  • Fully leased with high cap rate of 8.2%
  • Renovated units with newer roof, appliances
  • Separate hydro meters for tenant convenience
  • 6 surface parking spots at rear of building
  • Ideal investment opportunity with higher cap rate
  • All appliances included (6 fridges, 6 stoves)
  • Coin-operated washer and dryer on-site

Solid 6 unit building in the heart of Sudbury that has incredible cash flow and potential even in this market with the current interest rates! Currently fully lease (expect unit 2), this 5- 2 bedroom unit and 1 bachelor unit building has a cap rate of around 8.2%. Please see attached expense and financial sheet. Thousand spent on upgrades... Show More

Solid 6 unit building in the heart of Sudbury that has incredible cash flow and potential even in this market with the current interest rates! Currently fully lease (expect unit 2), this 5- 2 bedroom unit and 1 bachelor unit building has a cap rate of around 8.2%. Please see attached expense and financial sheet. Thousand spent on upgrades such as fully renovated unit 1, renovated unit 2, a newer roof from 2023, newer smoke detectors, appliances and more! Separate Hydro Meters With 5 Tenants Paying Their Own Hydro. 6 Surface rear Parking Spots At The Rear Of The Building. Excellent Prospect For Investors Seeking A Higher Cap Rate Than In The GTA. **** EXTRAS **** All ELF, All appliances 14: 6 fridges, 6 stoves, coin operated washer and dryer. (id:54626)

Property Details

Size

Sq. Ft. Not Available
across 3 floors
11 Beds
9 Above Grade - 2 Below Grade
6 Baths
6 Full

Parking

6 Parking Spaces
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Source

Listing Brokerage

MLS® Listing
X8338680
Last Updated
May 15, 2024
Brokerage
RE/MAX REAL ESTATE CENTRE INC.
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Call us 800-591-0566

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