3-5 Eyre Street, Sudbury, Ontario, P3C4A2

Property Description

An exceptional investment opportunity in Sudbury’s West End, this solid brick sixplex at 3–5 Eyre Street features 6 above-grade one-bedroom units (4 compact and 2 larger suites) delivering an annual gross income of over $75,000 with an 8.2% cap rate. The property offers stable tenancy, municipal services, natural gas heating via a hot water boiler system, and a detached garage with rental potential. Zoned R2-3 on a 64.99' x 88' lot with fire code compliance (March 2025), a fully approved safety plan, and positive cash flow projections. This property offers an attractive price per unit and significant potential to increase value through strategic improvements, making it ideal for a BRRRR investment approach. Its location provides convenient access to public transit, schools, and downtown amenities. Detailed financials are available upon request. (id:64974)

Quick Facts

• Property Type: Multi-family
• Bedrooms: None
• Bathrooms: None
• Ownership: Freehold

Listing Provided by: ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
Board: Sudbury Real Estate Board
Data provided via CREA DDF®.