71 Davidson Street Sudbury, Ontario P3C 2C1
$999,900
Prime investment opportunity! This well-laid-out, all-brick 8-unit building offers a nearly 8% cap rate, making it a fantastic addition to any portfolio. Located close to major amenities, public transit, shopping, and schools, the property’s location is unbeatable. The units are in great shape, with clean common areas and long-standing, reliable tenants in place. Ample parking space accommodates all tenants, and six of the eight units feature dual entrances for added convenience. This is an ideal investment for those seeking a solid property with great income potential and a prime location! (id:41307)
Property Details
MLS® Number | 2119727 |
Property Type | Multi-family |
AmenitiesNearBy | Hospital, Public Transit, Schools |
EquipmentType | Water Heater, Water Heater - Electric |
RentalEquipmentType | Water Heater, Water Heater - Electric |
StorageType | Storage In Basement |
Building
BasementType | Full |
ExteriorFinish | Brick |
FireProtection | Smoke Detectors, Full Sprinkler System |
FlooringType | Hardwood, Tile, Vinyl |
FoundationType | Block, Poured Concrete |
HeatingType | Baseboard Heaters |
StoriesTotal | 3 |
UtilityWater | Municipal Water |
Parking
Gravel |
Land
Acreage | No |
LandAmenities | Hospital, Public Transit, Schools |
Sewer | Municipal Sewage System |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | Res |
https://www.realtor.ca/real-estate/27600696/71-davidson-street-sudbury
Jordan Stephens
Broker
132 Tudhope St
Espanola, Ontario P5E 1S6
Alex Hartle
Salesperson
132 Tudhope St
Espanola, Ontario P5E 1S6