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339 Elm St

Elm St, West End, Sudbury, ON, P3C 1V7

11
Beds
6
Baths
4,500
Sq. Ft.
$775,000
List Price
Details
Photos
1
Comparables
History
339 Elm St, Sudbury, ON
New
18 days on market

Quick Summary

  • Solid 6-unit multi-family building
  • Excellent cash flow with 8.2% cap rate
  • Fully leased with 5 tenants paying own hydro
  • Newer roof, smoke detectors, and appliances
  • Renovated units 1 and 2 with upgrades
  • 6 surface parking spots at rear of building
  • Excellent investment opportunity for higher cap rate
  • Located in the heart of Sudbury

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... 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. (id:54626)

Property Details

Size

4,500 sq. ft.
across 3 floors
11 Beds
6 Baths
6 Full

Parking

6 Parking Spaces
-

Lot

Size
527′11″ * 1200′0″
Acres
-

Build

Year Built
1940
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
-
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40587986
Last Updated
June 1, 2024
Brokerage
RE/MAX Real Estate Centre Inc, Brokerage
Powered by: REALTOR.ca
Call us 800-591-0566

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