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415-417 Elm Street, Sudbury, Ontario, P3C1W3

415-417 Elm Street, Sudbury, Ontario (ID 2070094)
Representative
Realty Executives of Sudbury Ltd., Brokerage
Office
Realty Executives of Sudbury Ltd. Brokerage
Tel: 705-586-3334
Website

$659,900 - For sale

ID#:2070094

CENTRALLY LOCATED FULLY RENTED LEGAL 8 UNIT APARTMENT BUILDING WITH SECURE ENTRANCE. ALL BRICK WITH HOT WATER BOILER HEAT (2010) AND A NEW ROOF (2008). CURRENT INCOME IS $77,328 PER YEAR PROVIDING A NET INCOME OF $50,905 (HEAT $4,110/INSURANCE $3,400/ELECTRICITY WATER SEWER $5,916). THERE IS A DEDICATED COIN OPERATED LAUNDRY ROOM THAT ALSO HAS SEPARATE METERS FOR ALL UNITS. THIS BUILDING WAS INSPECTED IN JULY 2017 AND IS COMPLIANT WITH THE CITY OF SUDBURY FIRE CODE. INVESTORS THIS IS YOUR OPPORTUNITY FOR POSITIVE CASH FLOW AND A CAPITILIZATION RATE OF 7.7% BASED ON OUR LIST PRICE!!! CALL FOR MORE DETAILS!! (id:2471)

Property Details
  • Property Type:Multi-family
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details
  • Heating Type:Boiler, Hot Water
  • Exterior Type:Brick
Representative
Realty Executives of Sudbury Ltd., Brokerage
Office
Realty Executives of Sudbury Ltd. Brokerage
Tel: 705-586-3334
Website
Request Information
Mortgage Calculator Inputs
Mortgage Calculator Results
Note: All calculations for informational purposes only, and should be verified.
Get Pre-Approved

Listing Office: REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.


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