Prime investment opportunity! This well-laid-out, all-brick 8-unit building offers a nearly 8% cap rate, making it a fantastic addition to any portfolio. Located close to major amenities, public transit, shopping, and schools, the property’s location is unbeatable. The units are in great shape, with clean common areas and long-standing, reliable tenants in place. Ample parking space accommodates all tenants, and six of the eight units feature dual entrances for added convenience. This is an ideal investment for those seeking a solid property with great income potential and a prime location! (id:56069)
| MLS® Number | 2119727 |
| Property Type | Multi-family |
| Community Name | Sudbury |
| Amenities Near By | Hospital, Public Transit, Schools |
| Equipment Type | Water Heater, Water Heater - Electric |
| Rental Equipment Type | Water Heater, Water Heater - Electric |
| Storage Type | Storage In Basement |
| Basement Type | Full |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors, Full Sprinkler System |
| Flooring Type | Hardwood, Tile, Vinyl |
| Foundation Type | Block, Poured Concrete |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Utility Water | Municipal Water |
| Gravel |
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2-3 |
4 public & 6 Catholic schools serve this home. Of these, 9 have catchments. There is 1 private school nearby.
5 tennis courts, 3 playgrounds and 4 other facilities are within a 20 min walk of this home.
Street transit stop less than a 2 min walk away. Rail transit stop less than 2 km away.
Unfortunately this location does not yet exist in Google Street View.
https://www.realtor.ca/real-estate/27600696/71-davidson-street-sudbury
Contact us for more information
Jordan Stephens
Broker
(705) 805-9059
Alex Hartle
Salesperson
(705) 805-9059
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