341 Antwerp Avenue, Sudbury, Ontario P3C 4M8

Listed for:
$850,000
8 beds
6 baths
Listed 46 days ago
341 Antwerp Avenue, Sudbury, Ontario P3C 4M8

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Learn more about this property
Listing provided by:
One Percent Realty Ltd.
MLS® number:
40741121
Agent:
Jon Batten
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About

From Notre Dame Avenue go west on Kathleen Street and then North on Antwerp Avenue. The property is then on the left hand side. This well-maintained multi-residential building features six self-contained units, offering a mix of bachelor, one-bedroom, and two-bedroom apartments. Fully tenanted with strong rental income and consistent occupancy, the property delivers excellent cash flow potential. Recent upgrades to the electrical and plumbing systems provide added security and lower maintenance concerns for investors. With a current cap rate of approximately 8%, this is a solid income-generating opportunity with room for future appreciation. Ideally located near schools, public transit, shopping, and other local amenities, the building’s location is highly attractive to tenants. Financial statements are available upon request. Don’t miss this rare opportunity to own a versatile and profitable multi-unit property in a desirable location. The sellers are open to a VTB arrangement. (id:27476)

Property Highlights

MLS® Number
40741121
Type
Multi-family
Ownership Type
Freehold
Land Size
0.18 ac|under 1/2 acre
Parking Space Total
10

Building

Storeys
2.00
Square Footage
2258 sqft
Bathrooms Total
6
Bedrooms Total
8
Amenities
Airport, Hospital, Park, Place of Worship, Playground
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Partially finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location