$ 699,000
265 & 267 Cedar Street Sudbury, ON P3B1M8
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$ 699,000
Est. payment | /mo
$ 699,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2119691
Originating Board Sudbury Real Estate Board
Property Description
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:24570)
Location
Province ON
Interior
Heating Boiler
Cooling None
Flooring Hardwood, Linoleum, Vinyl
Exterior
Garage No
Waterfront No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by SUTTON-BENCHMARK REALTY INC., BROKERAGE
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Andy Katoch
Agent | License ID: LDKATOCAN