6 Bedroom
3 Bathroom
2 Level
Forced Air
$349,900
Prime Investment Opportunity – An exceptional multi-unit investment property in the heart of Sudbury, offering strong income potential and flexibility. Previously operating at a 7.5% cap rate, this property presents an opportunity for increased returns with the ability to set your own rent or owner-occupy one of the units while the others offset your mortgage. This well-maintained building features 3 separate units, each with its own private entrance for tenant convenience and privacy. The main unit offers 3 spacious bedrooms and 1 bathroom, while the upper 2-bedroom unit has been newly renovated and is currently vacant, allowing for immediate leasing or owner occupancy. A third 1 bedroom unit completes this versatile property, making it ideal for a range of investment strategies. Situated in a central location, this property is close to amenities, transit, and essential services, ensuring strong tenant demand. Don't miss this fantastic investment opportunity—schedule your showing today! (id:47351)
Property Details
MLS® Number
|
2121089 |
Property Type
|
Single Family |
Amenities Near By
|
Public Transit, Shopping, University |
Community Features
|
Bus Route |
Equipment Type
|
Water Heater |
Rental Equipment Type
|
Water Heater |
Road Type
|
Paved Road |
Storage Type
|
Storage In Basement |
Building
Bathroom Total
|
3 |
Bedrooms Total
|
6 |
Architectural Style
|
2 Level |
Basement Type
|
Partial |
Exterior Finish
|
Other, Stucco |
Flooring Type
|
Vinyl, Other |
Foundation Type
|
Block, Concrete |
Heating Type
|
Forced Air |
Roof Material
|
Asphalt Shingle,other |
Roof Style
|
Unknown,unknown |
Stories Total
|
2 |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Land Amenities
|
Public Transit, Shopping, University |
Sewer
|
Municipal Sewage System |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
R2-3 |
https://www.realtor.ca/real-estate/28018552/1719-fairview-avenue-sudbury