Looking for a strong investment opportunity in a desirable rental area? 218 Regent Street is an all-brick fourplex with an additional in-law suite, offering excellent income potential and solid returns. This well-maintained property features four spacious one-bedroom units and one updated two-bedroom unit, all rented at market rates to reliable, respectful tenants. The property includes parking for six vehicles, an attached garage, and coin-operated laundry providing additional income. Unit 5 also benefits from private in-unit laundry, and each unit has its own 4 x 6 storage locker for added convenience. With approximately $90,000 in gross income and a 9.4% cap rate, this is a turnkey investment in a high-demand rental location. All tenants are in good standing with payments, making this a seamless addition to any portfolio. Contact today to book your private viewing. (id:38174)
| MLS® Number | 2126862 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Storage Type | Storage In Basement |
| Basement Type | Full |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Laminate |
| Foundation Type | Concrete |
| Heating Type | Boiler |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
| Attached Garage | |
| Gravel | |
| Parking Space(s) |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2-3 (7) |
https://www.realtor.ca/real-estate/29501948/218-regent-sudbury
Contact us for more information
(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca/
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