Welcome to 460 Myles, an incredible investment opportunity featuring three spacious 1-bedroom units and a 9.5% cap rate. Each unit offers comfortable living spaces with the potential for updates and improvements, making it ideal for investors or those looking to generate rental income. This property has tons of potential for forced value appreciation with the right vision. Whether you choose to update the units for higher rental yields or keep them as-is for steady income, this triplex is an excellent addition to your portfolio. With each unit offering a one-bedroom layout, there is great appeal for singles, couples, or retirees looking for a cozy home in a quiet neighbourhood. Plus, with limited multi-unit properties in the area, there's always strong rental demand. (id:38174)
MLS® Number | 2119359 |
Property Type | Multi-family |
Equipment Type | Water Heater |
Rental Equipment Type | Water Heater |
Storage Type | Storage Shed |
Basement Type | Full |
Heating Type | Other |
Roof Material | Asphalt Shingle |
Roof Style | Unknown |
Utility Water | Municipal Water |
Shared |
Access Type | Year-round Access |
Acreage | No |
Sewer | Municipal Sewage System |
Size Total Text | Under 1/2 Acre |
Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/27491383/460-myles-street-sudbury
Contact us for more information
(866) 530-7737
https://www.goodmanors.ca/
(866) 530-7737
https://www.goodmanors.ca/