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$ 755,000
Est. payment | /mo
8 Beds
6 Baths
$ 755,000
Est. payment | /mo
8 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Sudbury
MLS Listing ID X12642744
Style 2-Storey
Bedrooms 8
Annual Tax Amount $5,114
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Well-maintained multi-residential building comprising six self-contained units, including a mix of bachelor, one-bedroom, and two-bedroom apartments. The property is fully tenanted with strong rental income and consistent occupancy, offering excellent cash-flow potential.The existing six-unit configuration has been confirmed by the Town as a legally established and permitted use, with municipal records supporting its status as a legal sixplex. Recent upgrades to the electrical and plumbing systems enhance long-term reliability and reduce maintenance concerns.With a current cap rate of approximately 10%, this is a solid income-producing opportunity with potential for future appreciation. Ideally located near schools, public transit, shopping, and other local amenities, the property is highly attractive to tenants. Financial statements are available upon request. The Seller may consider a Vendor Take-Back (VTB) mortgage.
Location
Province ON
County Greater Sudbury
Area Greater Sudbury
Rooms
Family Room No
Basement Partially Finished
Kitchen 6
Interior
Interior Features On Demand Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Shingles
Lot Frontage 66.0
Lot Depth 120.0
Total Parking Spaces 10
Building
Foundation Poured Concrete
Others
ParcelsYN No
Listed by ONE PERCENT REALTY LTD.
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