Realty Executives of Sudbury Ltd.

The Caswell Team

The Caswell Team

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415-417 Elm Street
Sudbury ON P3C1W3 Canada

$615,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 2078835
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Freehold

$615,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 2078835
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415-417 Elm Street CENTRALLY LOCATED FULLY RENTED LEGAL 8 UNIT APARTMENT BUILDING WITH SECURE ENTRANCE. ALL BRICK WITH HOT WATER BOILER HEAT (2010) AND AN UPDATED ROOF (2008). CURRENT INCOME IS $77, 628 PER YEAR PROVIDING A NET INCOME OF $51, 205 (HEAT $4, 110/INSURANCE $3, 400/ELECTRICITY WATER SEWER $5, 916). THERE IS A DEDICATED COIN OPERATED LAUNDRY ROOM THAT ALSO HAS SEPARATE METERS FOR ALL UNITS. THIS BUILDING WAS INSPECTED IN JULY 2017 AND IS COMPLIANT WITH THE CITY OF SUDBURY FIRE CODE. INVESTORS THIS IS YOUR OPPORTUNITY FOR POSITIVE CASH FLOW AND A CAPITALIZATION RATE OF 8.32% BASED ON OUR LIST PRICE!!! CALL FOR MORE DETAILS!! (id:203)

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Property Features

  • Facts
  • Property Type: Multi-family
  • Property Sub-type: Freehold
  • Features
  • Exterior Finish: Brick
  • Floor Covering: Hardwood, Laminate, Tile, Carpeted
  • Heating Systems: Boiler, Hot Water
  • Additional Features
  • Basement
Listing Changed: 8/2/2019 6:37:36 PM GMT
Source Updated Date: 8/21/2019 11:33:09 PM GMT

Courtesy of: GARY DOYLE, Salesperson, REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

Listing Source - Canadian Real Estate Association

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The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed or warranted. All information should be independently verified through personal inspection by and/or with the appropriate professionals.