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. (id:56069)
| MLS® Number | X12642744 |
| Property Type | Multi-family |
| Neigbourhood | The Donovan |
| Community Name | Sudbury |
| Parking Space Total | 10 |
| Bathroom Total | 6 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Appliances | Water Heater - Tankless, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Partially Finished |
| Basement Type | N/a (partially Finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 120 Ft |
| Size Total Text | 66 X 120 Ft |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29196135/341-antwerp-avenue-greater-sudbury-sudbury-sudbury
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Jon Batten
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