97-99 Fairview Greater Sudbury, Ontario P3B 2M9
$249,000
This 4 Unit Building which is centrally located and is looking for a BRRR Investor that will renovate to maximize the opportunity to collect market rents. This building is currently generating a 10.8% capitalization rate and still has potential to increase Net Operating Income and Appreciation. Currently unit 99A is vacant and is rented for November 1st. All the units are heated by gas convection wall units. The back shingles were replaced in 2019. (id:3334)
Property Details
MLS® Number | 2113731 |
Property Type | Multi-family |
Equipment Type | Water Heater - Gas |
Rental Equipment Type | Water Heater - Gas |
Road Type | Paved Road |
Building
Basement Type | Partial |
Exterior Finish | Vinyl Siding |
Flooring Type | Laminate |
Foundation Type | Block, Concrete |
Heating Type | Other |
Roof Material | Asphalt Shingle |
Roof Style | Unknown |
Utility Water | Municipal Water |
Parking
Paved Yard |
Land
Access Type | Year-round Access |
Acreage | No |
Sewer | Municipal Sewage System |
Size Total Text | 4,051 - 7,250 Sqft |
Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/26144672/97-99-fairview-greater-sudbury