Centrally located 4-unit income property with excellent upside potential! Currently generating a 12.61% 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:38174)
| MLS® Number | 2124755 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools, Shopping |
| Equipment Type | None |
| Rental Equipment Type | None |
| Basement Type | Partial |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Laminate |
| Foundation Type | Block |
| Heating Type | Other |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Utility Water | Municipal Water |
| Paved Yard |
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | 0-4,050 Sqft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/28894455/97-99-fairview-avenue-sudbury
Contact us for more information
(705) 586-3334
realtyexecutivessudbury.com/
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