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$755,000
Est. payment /mo
8 Beds
6 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $377
Subdivision Sudbury
MLS® Listing ID X12642744
Bedrooms 8
Property Description
Well-maintained multi-residential building comprising six self-contained units, including a mix of bachelor, one-bedroom, and two-bedroom apartments. The property is fully tenanted with strong rental income and consistent occupancy, offering excellent cash-flow potential.The existing six-unit configuration has been confirmed by the Town as a legally established and permitted use, with municipal records supporting its status as a legal sixplex. Recent upgrades to the electrical and plumbing systems enhance long-term reliability and reduce maintenance concerns.With a current cap rate of approximately 10%, this is a solid income-producing opportunity with potential for future appreciation. Ideally located near schools, public transit, shopping, and other local amenities, the property is highly attractive to tenants. Financial statements are available upon request. The Seller may consider a Vendor Take-Back (VTB) mortgage. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Cooling None
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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Listed by ONE PERCENT REALTY LTD.
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Kevin Scharfenberg
Personal Real Estate Corporation | License ID: 180491
Personal Real Estate Corporation License ID: 180491