460 Myles Street Sudbury, Ontario P3B 2J5

Other

$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