Sudbury, ON P3B1M8,265 & 267 Cedar Street
$699,000
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265 & 267 Cedar Street Sudbury, ON P3B1M8

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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS® Listing ID 2119691

Originating Board Sudbury Real Estate Board

Property Description

This is a real money maker! This 16 unit building offers a Great location for tenants with proximity to shopping, buses and downtown office hub. There are 14 rooms, 2 x 2 bedrooms apartments, 1 storage unit. This property has been property has been operating as a business for over 40 years & makes a very good return. Many long-term tenants. In the last few years the property has undergone extensive updates to both the interior and exterior, boiler upgrades and a monitored fire alarm system. There are a few certificates that been done including fire safety plan & a Retrofit Certificate. A confidentiality agreement must be signed before any financial information is released. Gross income approximately $105,000.00/yr. Great deal so call for a showing!! (id:24570)

Location

Province ON

Interior

Heating Boiler

Cooling None

Flooring Hardwood, Linoleum, Vinyl

Exterior

Garage No

Waterfront No

View Y/N No

Roof Type Unknown

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by SUTTON-BENCHMARK REALTY INC., BROKERAGE

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Terry Langdon

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+1(403) 690-9624

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265 & 267 Cedar Street