366-368 Pine Street, Sudbury, Ontario, P3C1X8
MLS: 2125587 | Multi-family
$799,000
Property Description
This fully rented, cash-flow-positive 6-unit all-brick apartment building offers immediate income with value-add potential. It includes two 2-bedroom units (with basements for future expansion) and four 1-bedroom units, with three units recently renovated featuring modern finishes and white cabinetry. Features include two natural gas furnaces and a paved driveway. Key upgrades include shingles (2022), fire-rated doors and windows, fire escape improvements and partial electrical updates with ESA certification, ensuring a well-maintained and compliant building. Situated on a 50’ x 122’ lot in an R2-3 zoned area, the property is municipally serviced and generates strong, stable rental income. With an 8.8% cap rate, this opportunity offers a rare chance to acquire a turnkey, high-yield asset in Sudbury’s growing market. (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®.
Detailed Features
Interior & Systems
- Heating: Forced air
- Basement: Full
Exterior & Construction
- Exterior: Brick
- Roof: Asphalt shingle, Unknown
- Sewer: Municipal sewage system
- Water: Municipal water
- Road Surface: Paved road
Lot & Land
- Zoning: R2-3
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 366-368 Pine Street, Sudbury, Ontario, P3C1X8
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