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:35492)
MLS® Number | 2119727 |
Property Type | Multi-family |
Amenities Near By | Hospital, Public Transit, Schools |
Equipment Type | Water Heater, Water Heater - Electric |
Rental Equipment Type | Water Heater, Water Heater - Electric |
Storage Type | Storage In Basement |
Basement Type | Full |
Exterior Finish | Brick |
Fire Protection | Smoke Detectors, Full Sprinkler System |
Flooring Type | Hardwood, Tile, Vinyl |
Foundation Type | Block, Poured Concrete |
Heating Type | Baseboard Heaters |
Stories Total | 3 |
Utility Water | Municipal Water |
Gravel |
Acreage | No |
Land Amenities | Hospital, Public Transit, Schools |
Sewer | Municipal Sewage System |
Size Total Text | Under 1/2 Acre |
Zoning Description | Res |
https://www.realtor.ca/real-estate/27600696/71-davidson-street-sudbury
Contact us for more information
Jordan Stephens
Broker
(705) 805-9059
Alex Hartle
Salesperson
(705) 805-9059