Prime Investment Opportunity – An exceptional multi-unit investment property in the heart of Sudbury, offering strong income potential and flexibility. Previously operating at a 7.5% cap rate, this property presents an opportunity for increased returns with the ability to set your own rent or owner-occupy one of the units while the others offset your mortgage. This well-maintained building features 3 separate units, each with its own private entrance for tenant convenience and privacy. The main unit offers 3 spacious bedrooms and 1 bathroom, while the upper 2-bedroom unit has been newly renovated and is currently vacant, allowing for immediate leasing or owner occupancy. A third 1 bedroom unit completes this versatile property, making it ideal for a range of investment strategies. Situated in a central location, this property is close to amenities, transit, and essential services, ensuring strong tenant demand. Don't miss this fantastic investment opportunity—schedule your showing today! (id:38174)
| MLS® Number | 2121089 |
| Property Type | Single Family |
| AmenitiesNearBy | Public Transit, Shopping, University |
| CommunityFeatures | Bus Route |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
| RoadType | Paved Road |
| StorageType | Storage In Basement |
| BathroomTotal | 3 |
| BedroomsTotal | 6 |
| ArchitecturalStyle | 2 Level |
| BasementType | Partial |
| ExteriorFinish | Other, Stucco |
| FlooringType | Vinyl, Other |
| FoundationType | Block, Concrete |
| HeatingType | Forced Air |
| RoofMaterial | Asphalt Shingle,other |
| RoofStyle | Unknown,unknown |
| StoriesTotal | 2 |
| Type | House |
| UtilityWater | Municipal Water |
| Parking Space(s) |
| Acreage | No |
| LandAmenities | Public Transit, Shopping, University |
| Sewer | Municipal Sewage System |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2-3 |
https://www.realtor.ca/real-estate/28018552/1719-fairview-avenue-sudbury
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