LOADING

265 & 267 Cedar Street Sudbury, Ontario P3B 1M8

None Boiler

$699,000

This is a real money maker! This 16 unit building offers a Great location for tenants with proximity to shopping, buses and downtown office hub. There are 14 rooms, 2 x 2 bedrooms apartments, 1 storage unit. This property has been property has been operating as a business for over 40 years & makes a very good return. Many long-term tenants. In the last few years the property has undergone extensive updates to both the interior and exterior, boiler upgrades and a monitored fire alarm system. There are a few certificates that been done including fire safety plan & a Retrofit Certificate. A confidentiality agreement must be signed before any financial information is released. Gross income approximately $105,000.00/yr. Great deal so call for a showing!! (id:50947)

Property Details

MLS® Number 2119691
Property Type Multi-family
Equipment Type Water Heater - Gas
Rental Equipment Type Water Heater - Gas

Building

Basement Type Full
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Fire Protection Fire Alarm System
Flooring Type Hardwood, Linoleum, Vinyl
Heating Type Boiler
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 3
Utility Water Municipal Water

Parking

Gravel

Land

Acreage No
Sewer Municipal Sewage System
Size Total Text 10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Zoning Description C4-1

https://www.realtor.ca/real-estate/27587755/265-267-cedar-street-sudbury

Interested?

Contact us for more information


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Anthony Rocca
Salesperson

(705) 929-3910
(705) 566-5450

Sutton-Benchmark Realty Inc., Brokerage
887 Notre Dame Ave Unit C
Sudbury, Ontario P3A 2T2

(705) 566-5454
(705) 566-5450
suttonbenchmarkrealty.com/

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