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$639,900
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2122311
Property Sub-Type Freehold
Source Sudbury Real Estate Board
Property Description
What an incredible investment! This LEGAL duplex brings in over $57K gross annual income and has a Cap Rate of 7% at the list price. Even better, the upper unit has just become vacant for an ideal owner-occupied setup with $2400 plus hydro coming in from the lower unit to offset the mortgage or to pick your own tenants. Both units are electric heat, and tenants pay their own hydro with the separate meters. Both units offer 3-bedrooms, eat-in kitchens and in-suite laundry. You can't beat the location - surrounded by schools, amenities and right on the bus route. If you're looking for a sound investment or some help with the mortgage, this is the one. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE