50 Albany Street, Sudbury, Ontario P3C2Z5

Listing courtesy of ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE.

$729,000

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List Price
$729,000
MLS®
2129487
Days on Market
1
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
IRR

Property Description

HOLY MOLY!!! ALL BRICK DUPLEX with 3 additional units and R2-2 zoning. This 5 unit investment opportunity is located in a Quiet central location and has a Gross rental income of over $71,000, with a Net Operating Income of over $54,000. Rents are all-inclusive. Plus there’s On-site laundry with potential to switch back to coin op laundry for extra income. There’s 2 gas water heaters, 2 hydro meters, plus a storage room. Unit mix includes four 1 bedroom units and 1 bachelor unit. This money maker sits on a nice large lot with plenty of parking. Solid all brick building with good tenants, ask your realtor for a copy of the income and expenses. Unit 3 is vacant, you can set your own rents. (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Baseboard heaters
Total Number Of Units
5

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks