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440 Morin Avenue

Morin Ave, Flour Mill, Sudbury, ON, P3C 5A7

-
Beds
-
Baths
$499,900
List Price
Details
Photos
4
Comparables
History
440 Morin Avenue, Sudbury, ON - 1 of 3
440 Morin Avenue, Sudbury, ON - 2 of 3
440 Morin Avenue, Sudbury, ON - 3 of 3
36 days on market

Quick Summary

  • Profitable 4-plex with high 9.8% cap rate
  • Centrally located in the hub of Sudbury
  • Vacant 3-bedroom unit with $1,800 market rent
  • Vacant 2-bedroom unit with $1,450 market rent
  • Rented bachelor unit with $1,090 monthly rent
  • Vacant bachelor unit with $1,090 market rent
  • Separate hydro meters, single gas meter
  • Strong financials with high cash flow

9.8+ % Cap Rate! Come check out this cash flowing 4 plex centrally located in the hub of Sudbury. Property features a 3 bedroom unit (Vacant - 1800.00 market rent), a 2 bedroom unit ( vacant - 1450.00 market rent), and 2 bachelor units (one rented at 1090.00 and one vacant with a market rent of 1090.00). Property has separate hydro... Show More

9.8+ % Cap Rate! Come check out this cash flowing 4 plex centrally located in the hub of Sudbury. Property features a 3 bedroom unit (Vacant - 1800.00 market rent), a 2 bedroom unit ( vacant - 1450.00 market rent), and 2 bachelor units (one rented at 1090.00 and one vacant with a market rent of 1090.00). Property has separate hydro meters but 1 gas meter. Strong financials with a 9.8% cap rate at the current list price. Don't Miss out! (id:54626)

Property Details

Parking

Gravel

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Vinyl siding
Foundation
Block, Concrete
Builder Name
-
Stories
2
Flooring
Laminate
Roof
Asphalt shingle

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
2119994
Last Updated
December 10, 2024
Brokerage
EXP REALTY, BROKERAGE
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