265 & 267 Cedar Street Sudbury, Ontario P3B 1M8
$699,000
This is a real money maker! This 16 unit building offers a Great location for tenants with proximity to shopping, buses and downtown office hub. There are 14 rooms, 2 x 2 bedrooms apartments, 1 storage unit. This property has been property has been operating as a business for over 40 years & makes a very good return. Many long-term tenants. In the last few years the property has undergone extensive updates to both the interior and exterior, boiler upgrades and a monitored fire alarm system. There are a few certificates that been done including fire safety plan & a Retrofit Certificate. A confidentiality agreement must be signed before any financial information is released. Gross income approximately $105,000.00/yr. Great deal so call for a showing!! (id:47351)
Property Details
| MLS® Number | 2119691 |
| Property Type | Multi-family |
| EquipmentType | Water Heater - Gas |
| RentalEquipmentType | Water Heater - Gas |
Building
| BasementType | Full |
| CoolingType | None |
| ExteriorFinish | Brick, Vinyl Siding |
| FireProtection | Fire Alarm System |
| FlooringType | Hardwood, Linoleum, Vinyl |
| HeatingType | Boiler |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 3 |
| UtilityWater | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeTotalText | 10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| ZoningDescription | C4-1 |
https://www.realtor.ca/real-estate/27587755/265-267-cedar-street-sudbury
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November 08 2024 07:46:24
Sudbury Real Estate Board
Sutton-Benchmark Realty Inc., Brokerage