1071 Lorne Street, Sudbury, Ontario, P3C4S6
MLS: 2122735 | Other
$439,000
Property Description
Located in Sudbury's desirable west end, this well-maintained building offers an excellent opportunity for investors. Situated in a high-demand rental and commercial space area close to grocery stores, coffee shops, amenities, and bus routes, this property boasts consistent rental income and strong tenant appeal. This solid investment currently features three (3) self-contained apartment 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. The C2 zoning also offers flexibility and many additional opportunities. With a strong 8% cap rate, this property is a true money-maker from day one. Don't miss out on this prime income generating property in a sought-after location. (id:64974)
Quick Facts
- Property Type: Other
- Bedrooms: None
- Bathrooms: None
- Ownership: Freehold
Listing Provided by: EXP REALTY, BROKERAGE (MAIN)
Board: Sudbury Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air
- Flooring: Tile, Laminate
Exterior & Construction
- Exterior: Brick
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Zoning: C2
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 1071 Lorne Street, Sudbury, Ontario, P3C4S6
Location & Neighborhood
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