220 Kathleen Street Sudbury, Ontario P3C 2L8
$349,900
****PRICE ADJUSTMENT LEGAL TRIPLEX WITH 1 VACANT UNIT****Introducing 220 Kathleen St in Sudbury, a lucrative investment opportunity that promises exceptional returns. This money-making triplex boasts a remarkable capitalization rate of 11.18%, making it a standout choice for savvy investors. Unit 3 shines with its recent complete updates, offering modern amenities and stylish finishes to attract quality tenants. Additionally, each unit is equipped with separate meters for hydro and gas, ensuring tenants are responsible for their utility expenses, which enhances the profitability of the property. This triplex is strategically positioned to attract reliable tenants, further solidifying its potential for consistent income generation. Whether you're a seasoned investor or looking to enter the rental property market, this opportunity offers both stability and significant financial rewards. Don't miss out on the chance to own this exceptional income-generating asset at 220 Kathleen St. Take advantage of the thriving rental market in Sudbury and secure your investment today! (id:3334)
Property Details
| MLS® Number | 2115411 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Shopping |
| Equipment Type | Water Heater - Gas |
| Rental Equipment Type | Water Heater - Gas |
| Storage Type | Outside Storage |
Building
| Basement Type | Partial |
| Cooling Type | None |
| Flooring Type | Laminate, Vinyl, Carpeted |
| Heating Type | Boiler, Forced Air, High-efficiency Furnace |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | 4,051 - 7,250 Sqft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/26605798/220-kathleen-street-sudbury
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May 30 2024 10:42:51
Sudbury Real Estate Board
Realty Executives Of Sudbury Ltd, Brokerage
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