339 Elm Street, Sudbury
339 Elm Street, Sudbury
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1 Photos
- Bedrooms: 11
- Bathrooms: 6
- Living area: 4500 sqft
- MLS®: 40587986
- Added: 4 days ago
Property Details
Solid 6 unit building in the heart of Sudbury that has incredible cash flow and potential even in this market with the current interest rates! Currently fully lease (expect unit 2), this 5- 2 bedroom unit and 1 bachelor unit building has a cap rate of around 8.2%. Please see attached expense and financial sheet. Thousand spent on upgrades such as fully renovated unit 1, renovated unit 2, a newer roof from 2023, newer smoke detectors, appliances and more! Separate Hydro Meters With 5 Tenants Paying Their Own Hydro. 6 Surface rear Parking Spots At The Rear Of The Building. Excellent Prospect For Investors Seeking A Higher Cap Rate Than In The GTA. (id:1945)
Property Information
- Sewer: Municipal sewage system
- Heating: Radiant heat
- List AOR: Oakville-Milton
- Stories: 3
- Basement: Finished, Full
- Year Built: 1940
- Directions: Elm and Beatty
- Living Area: 4500
- Lot Features: Laundry- Coin operated
- Photos Count: 1
- Water Source: Municipal water
- Parking Total: 6
- Bedrooms Total: 11
- Common Interest: Freehold
- Subdivision Name: Greater Sudbury
- Tax Annual Amount: 5888.8
- Exterior Features: Brick
- Community Features: Community Centre
- Zoning Description: C2, R2-3, C2(103)
- Number Of Units Total: 6
- Map Coordinate Verified YN: true
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