1071 Lorne Street, Sudbury, Ontario P3C 4S6

Listed for:
$439,000
0 beds
0 baths
Listed 33 days ago
1071 Lorne Street, Sudbury, Ontario P3C 4S6

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Learn more about this property
Listing provided by:
EXP REALTY, BROKERAGE (MAIN)
MLS® number:
2122735
Agent:
Anthony Rocca
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About

Located in Sudbury's desirable west end, this well-maintained building offers an excellent opportunity for investors. Situated in a high-demand rental and commercial space area close to grocery stores, coffee shops, amenities, and bus routes, this property boasts consistent rental income and strong tenant appeal. This solid investment currently features three (3) self-contained apartment 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. The C2 zoning also offers flexibility and many additional opportunities. With a strong 8% cap rate, this property is a true money-maker from day one. Don't miss out on this prime income generating property in a sought-after location. (id:27476)

Property Highlights

MLS® Number
2122735
Type
Other
Ownership Type
Freehold
Land Size
0-4,050 sqft

Building

Exterior Finish
Brick
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location