1071 Lorne Street Sudbury, Ontario P3C 4S6
$459,000
Located in Sudbury's desirable west end, this well-maintained triplex offers an excellent opportunity for investors. Situated in a high-demand rental area close to grocery stores, coffee shops, amenities, and bus routes, this property boasts consistent rental income and strong tenant appeal. This solid investment features three (3) self-contained units and has undergone numerous recent upgrades including modernized electrical and plumbing systems, updated bathrooms, and a new roof- giving peace of mind and reducing maintenance costs. With a strong 8% cap rate, this property is a true money-maker from day one. The C2 zoning also offers flexibility and many additional opportunities. Don't miss out on this prime income generating property in a sought-after location. (id:50886)
Property Details
MLS® Number | 2121768 |
Property Type | Multi-family |
Building
Basement Type | Crawl Space |
Exterior Finish | Brick |
Flooring Type | Laminate, Tile |
Heating Type | Forced Air |
Roof Style | Flat |
Utility Water | Municipal Water |
Land
Acreage | No |
Sewer | Municipal Sewage System |
Size Total Text | 0-4,050 Sqft |
Zoning Description | C2 |
https://www.realtor.ca/real-estate/28203652/1071-lorne-street-sudbury
Contact Us
Contact us for more information
Anthony Rocca
Salesperson
(647) 849-3180
767 Barrydowne Rd Unit 203 A
Sudbury, Ontario P3A 3T6
(866) 530-7737
(647) 849-3180