Located in Sudbury's desirable west end, this well-maintained building offers an excellent opportunity for investors. Situated in a high-demand rental and commercial space area close to grocery stores, coffee shops, amenities, and bus routes, this property boasts consistent rental income and strong tenant appeal. This solid investment currently features three (3) self-contained apartment units and has undergone numerous recent upgrades including modernized electrical and plumbing systems, updated bathrooms, and a new roof- giving peace of mind and reducing maintenance costs. The C2 zoning also offers flexibility and many additional opportunities. With a strong 8% cap rate, this property is a true money-maker from day one. Don't miss out on this prime income generating property in a sought-after location. (id:4069)
Address
1071 Lorne Street
List Price
$439,000
Property Type
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Sudbury
MLS® Number
2122735
Listing Brokerage
EXP REALTY, BROKERAGE (MAIN)
Postal Code
P3C4S6
Zoning
C2
