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:50886)
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 |
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 |
Gravel |
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
Contact us for more information
Jordan Stephens
Broker
Alex Hartle
Salesperson