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MLS® 2127819

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 7
Lot Size 
Approx. Age 
MLS® Number 2127819

Property Address: 362 St George St, Sudbury, ON, P3B2L6

Average square foot calculated using Size range provided by listing agent.

Description

Excellent value-add 5-plex opportunity for the savvy investor. This income-producing property generates $91, 000 in gross annual rental income and 10% cap rate with upside potential through unit turnover, rental uplift and strategic upgrades. Currently 2 of the 5 units are vacant, including an upcoming vacancy at the end of June, giving buyers the rare opportunity to renovate and reposition immediately after closing. This property offers strong existing cash flow while providing clear potential to increase income over time. All units rents are all-inclusive for simplified management. Rear main floor tenant currently has use of the garage, included in rent. Potential to purchase the adjacent three unit property at 366 St. George as a package deal! A great opportunity to increase value and maximize long term returns. (id:58753)Show Description
MLS® Number2127819
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
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00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
362 St George St, Sudbury, ON
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