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$684,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2127215
Property Sub-Type Freehold
Property Description
An exceptional investment opportunity in Sudbury's West End, this solid brick sixplex at 3–5 Eyre Street features 6 above-grade one-bedroom units (4 compact and 2 larger suites) delivering an annual gross income of over $75,000 with an 8.2% cap rate. The property offers stable tenancy, municipal services, natural gas heating via a hot water boiler system, and a detached garage with rental potential. Zoned R2-3 on a 64.99' x 88' lot with fire code compliance (March 2025), a fully approved safety plan, and positive cash flow projections. This property offers an attractive price per unit and significant potential to increase value through strategic improvements, making it ideal for a BRRRR investment approach. Its location provides convenient access to public transit, schools, and downtown amenities. Detailed financials are available upon request. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Boiler
Flooring Vinyl
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Attached Garage No
Garage No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
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