Multi Unit Residential Buildings for Sale in Canada
1071 Lorne Street Sudbury, Ontario P3C 4S6
$459,000
Located in Sudbury's desirable west end, this well-maintained triplex offers an excellent opportunity for investors. Situated in a high-demand rental area close to grocery stores, coffee shops, amenities, and bus routes, this property boasts consistent rental income and strong tenant appeal. This solid investment features three (3) self-contained units and has undergone numerous recent upgrades including modernized electrical and plumbing systems, updated bathrooms, and a new roof- giving peace of mind and reducing maintenance costs. With a strong 8% cap rate, this property is a true money-maker from day one. The C2 zoning also offers flexibility and many additional opportunities. Don't miss out on this prime income generating property in a sought-after location. (id:61635)
Property Details
| MLS® Number | 2121768 |
| Property Type | Multi-family |
| Neigbourhood | Sudbury |
Building
| Basement Type | Crawl Space |
| Exterior Finish | Brick |
| Flooring Type | Laminate, Tile |
| Heating Type | Forced Air |
| Roof Style | Flat |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | 0-4,050 Sqft |
| Zoning Description | C2 |
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April 23 2025 05:44:50
Sudbury Real Estate Board
Exp Realty, Brokerage (Main)