
Courtesy of: VERONICA BOTHA, Salesperson, RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
$749,000
|
Multi-family
|
$749,000
218 Regent Looking for a strong investment opportunity in a desirable rental area? With approximately $90, 000 in gross income and a 9.4% cap rate, this is a turnkey investment in a high-demand rental location. 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. All tenants are in good standing with payments, making this a seamless addition to any portfolio. Contact today to book your private viewing. (id:203)