332 Burton Avenue, Sudbury, Ontario
$569,900
Amazing Investment Opportunity in Sudbury! This centrally located 4-plex in a high-demand rental area is a rare find with a strong 6.93% cap rate and potential to exceed 9.5%. Built in 1994, this low-maintenance property includes 1 spacious 2-bedroom unit ($945.55/month plus hydro) and 3 bright 1-bedroom units (Unit 1: $814.22/month, Units 2 & 4: $1,250/month plus hydro). There’s even extra income from coin-operated laundry ($125/month). The property stands out with separate entrances, individual hydro meters, ample parking, and no lawn to maintain. Close to restaurants, grocery stores, parks, schools, bus routes, and Collège Boréal, it’s perfectly located and easy to manage. Whether you're a first-time investor or growing your portfolio, this property is turnkey and full of potential. Don’t miss out—call now to book your viewing! (id:56241)
- Listing ID: 2120033
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 332 Burton Avenue in Sudbury Ontario. It was last modified on November 26th, 2024. Contact us to schedule a viewing or to discover other Sudbury real estate for sale.