460 Myles Street Sudbury, Ontario P3B 2J5
$199,900
Welcome to 460 Myles, an incredible investment opportunity featuring three spacious 1-bedroom units and a 9.5% cap rate. Each unit offers comfortable living spaces with the potential for updates and improvements, making it ideal for investors or those looking to generate rental income. This property has tons of potential for forced value appreciation with the right vision. Whether you choose to update the units for higher rental yields or keep them as-is for steady income, this triplex is an excellent addition to your portfolio. With each unit offering a one-bedroom layout, there is great appeal for singles, couples, or retirees looking for a cozy home in a quiet neighbourhood. Plus, with limited multi-unit properties in the area, there's always strong rental demand. (id:47351)
Property Details
| MLS® Number | 2119359 |
| Property Type | Multi-family |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
| StorageType | Storage Shed |
Building
| BasementType | Full |
| HeatingType | Other |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| UtilityWater | Municipal Water |
Parking
| Shared |
Land
| AccessType | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2-3 |
https://www.realtor.ca/real-estate/27491383/460-myles-street-sudbury
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November 05 2024 02:47:21
Sudbury Real Estate Board
Exp Realty, Brokerage