97-99 Fairview Avenue, Sudbury, Ontario P3B 2M9

Listed for:
$170,000
0 beds
0 baths
Listed 44 days ago
97-99 Fairview Avenue, Sudbury, Ontario P3B 2M9

View all 11 photos

Learn more about this property
Listing provided by:
REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
MLS® number:
2124755
Agent:
Gary Doyle
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

About

Centrally located 4-unit income property with excellent upside potential! Currently generating a 15.57% cap rate, this building is ideal for a BRRR investor looking to renovate and maximize rental income. One of the 1-bedroom units is vacant and ready for improvements, creating an immediate value-add opportunity. All units are heated with efficient gas convection wall units, and the back shingles were replaced in 2019. With room to further increase net operating income and appreciation, this property offers both strong current cash flow and future growth. (id:27476)

Property Highlights

MLS® Number
2124755
Type
Multi-family
Ownership Type
Freehold
Land Size
0-4,050 sqft

Building

Amenities
Public Transit, Schools, Shopping
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Partial
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location