Property Address: 288 Albinson St, Sudbury, ON, P3C3W3
Average square foot calculated using Size range provided by listing agent.
Description
Solid brick four-unit building located in Sudbury’s desirable West End, zoned R2-3 permitting four units. This approximately 4, 000 sq. Ft. Investment property offers excellent income potential with two vacant two-bedroom units, including a stunning main-floor unit with a grand kitchen and a recently renovated rear two-bedroom unit featuring an attached two-level garage. The upper two-bedroom unit and lower-level bachelor unit are currently tenanted, with the bachelor offering potential for a more functional layout through the addition of a separate utility and laundry room. With the ability to add bedrooms, strong rental demand, and a projected 7% cap rate at market rents, this property presents an exceptional opportunity for investors or owner-occupiers seeking flexibility and longterm value. (id:58753)Show Description