440 Morin Avenue Sudbury, Ontario P3C 5A7
$499,900
9.8+ % Cap Rate! Come check out this cash flowing 4 plex centrally located in the hub of Sudbury. Property features a 3 bedroom unit (Vacant - 1800.00 market rent), a 2 bedroom unit ( vacant - 1450.00 market rent), and 2 bachelor units (one rented at 1090.00 and one vacant with a market rent of 1090.00). Property has separate hydro meters but 1 gas meter. Strong financials with a 9.8% cap rate at the current list price. Don't Miss out! (id:47351)
Property Details
| MLS® Number | 2119994 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Schools, Shopping |
| EquipmentType | Water Heater - Gas |
| RentalEquipmentType | Water Heater - Gas |
| StorageType | Storage Shed |
Building
| BasementType | Full |
| ExteriorFinish | Vinyl Siding |
| FlooringType | Laminate |
| FoundationType | Block, Concrete |
| HeatingType | Baseboard Heaters |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 2 |
| UtilityWater | Municipal Water |
Parking
| Gravel |
Land
| AccessType | Year-round Access |
| Acreage | No |
| LandAmenities | Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeTotalText | 4,051 - 7,250 Sqft |
| ZoningDescription | R2-3 |
https://www.realtor.ca/real-estate/27672142/440-morin-avenue-sudbury
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November 21 2024 07:45:35
Sudbury Real Estate Board
Exp Realty, Brokerage