218 Regent, Sudbury, Ontario P3C 4C5

Listed for:
$749,000
0 beds
0 baths
Listed 9 days ago
218 Regent, Sudbury, Ontario P3C 4C5

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About

Looking for a strong investment opportunity in a desirable rental area? With approximately $90,000 in gross income and a 9.4% cap rate, this is a turnkey investment in a high-demand rental location. 218 Regent Street is an all-brick fourplex with an additional in-law suite, offering excellent income potential and solid returns. This well-maintained property features four spacious one-bedroom units and one updated two-bedroom unit, all rented at market rates to reliable, respectful tenants. The property includes parking for six vehicles, an attached garage, and coin-operated laundry providing additional income. Unit 5 also benefits from private in-unit laundry, and each unit has its own 4 x 6 storage locker for added convenience. All tenants are in good standing with payments, making this a seamless addition to any portfolio. Contact today to book your private viewing. (id:27476)

Property Highlights

MLS® Number
2126862
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Storeys
2.00
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Boiler
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
MLS® number:
2126862
Agent:
Veronica Botha
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