Multi-family For Sale 339 Elm Street, Sudbury, Ontario
1

Multi-family For Sale Active $775,000 339 ELM Street, sudbury, Ontario

MLS#: 40587986

RE/MAX Real Estate Centre Inc, Brokerage
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Summary
Status
Active

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Address
339 ELM Street, sudbury, Ontario
Size
4500.0000
Listing Type
For sale
Property Type
Multi-family
Commercial Type
n/a

Photos

1

Description

Solid 6 unit building in the heart of Sudbury that has incredible cash flow and potential even in this market with the current interest rates! Currently fully lease (expect unit 2), this 5- 2 bedroom unit and 1 bachelor unit building has a cap rate of around 8.2%. Please see attached expense and financial sheet. Thousand spent on upgrades such as fully renovated unit 1, renovated unit 2, a newer roof from 2023, newer smoke detectors, appliances and more! Separate Hydro Meters With 5 Tenants Paying Their Own Hydro. 6 Surface rear Parking Spots At The Rear Of The Building. Excellent Prospect For Investors Seeking A Higher Cap Rate Than In The GTA. (id:15472)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City sudbury
Province Ontario
PostalCode P3C1V7
Country Canada
Location Description Elm and Beatty
Subdivision Greater Sudbury
Community Features Community Centre
Street Address 339 ELM Street
Property TypeMulti-family
Transaction TypeFor sale
Ownership TypeFreehold
MLS #40587986
Ammenities NearByPark, Public Transit, Schools
Size Frontage44 ft
AcreageNo
Land AmenitiesPark, Public Transit, Schools
SewerMunicipal sewage system
Size Depth100 ft
FeaturesLaundry- Coin operated
Zoning DescriptionC2, R2-3, C2(103)
Property TypeMulti-family
Stories Total 3
Size Interior 4500.0000
Utility Water Municipal water
Parking Space Total 6
Bathroom Total 6
Bedrooms Total 11
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1940
Exterior Finish Brick
Fireplace Present False
Heating Type Radiant heat
Price 775000.00
Listing Contract Date 2024-05-14
Lease 0.00
%

Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Anna C. Lu

BComm (Finance Economics), MBA

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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