An exceptional investment opportunity in Sudbury’s West End, this solid brick sixplex at 3–5 Eyre Street features six above-grade one-bedroom units—four compact and two larger suites—delivering an annual gross income of over $75,000 with an 8.02% cap rate. The property offers stable tenancy, municipal services, natural gas heating via a hot water boiler system, and a detached garage with rental potential. Zoned R2-3 on a 64.99' x 88' lot, it boasts recent fire code compliance (March 2025), a fully approved safety plan, and positive cash flow projections. This property offers an attractive price per unit and significant potential to increase value through strategic improvements, making it ideal for a BRRRR investment approach. Its location provides convenient access to public transit, schools, and downtown amenities. Detailed financials are available upon request. (id:38174)
| MLS® Number | 2123268 |
| Property Type | Multi-family |
| Amenities Near By | Park, Public Transit, Shopping |
| Equipment Type | None |
| Rental Equipment Type | None |
| Road Type | Paved Road |
| Basement Type | Partial |
| Exterior Finish | Brick |
| Flooring Type | Vinyl |
| Heating Type | Boiler |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
| Parking Space(s) |
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Park, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | 4,051 - 7,250 Sqft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/28566658/3-5-eyre-street-sudbury
Contact us for more information
(705) 688-0007
(705) 688-0082
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