Welcome to 21 Avalon in Sudbury, a prime Minnow Lake 4 unit property offering strong returns and exceptional upside in a desirable rental location. This investment property features four units with separate hydro meters, keeping operating costs efficient and appealing to investors. With two units currently vacant, buyers have an opportunity to set their own rents or explore owner-occupancy while maximizing income potential. Located in the heart of Minnow Lake, this property is close to shopping, schools, transit, and just minutes from downtown. With a cap rate of 9.2% and strong net income, 21 Avalon delivers the kind of performance investors are looking for, whether you’re expanding your portfolio or entering the multi-family market. If you’ve been searching for a cash-flowing property with upside in a prime location, this is an opportunity you won’t want to miss. (id:38174)
| MLS® Number | 2126889 |
| Property Type | Multi-family |
| Equipment Type | Furnace, Water Heater |
| Rental Equipment Type | Furnace, Water Heater |
| Road Type | Paved Road |
| Basement Type | Full |
| Foundation Type | Block |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
| Gravel |
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R1-5 |
https://www.realtor.ca/real-estate/29508410/21-avalon-road-sudbury
Contact us for more information
(705) 535-2230
www.goodmanors.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
