590 Norman Street, Greater Sudbury (Sudbury), Ontario, Canada, P3E4C6
590 Norman Street, Greater Sudbury (Sudbury), Ontario, Canada, P3E4C6Location Details
- City: Greater Sudbury (Sudbury)
- Province: Ontario
Property Details
- SubdivisionName: Sudbury
- FrontageLength: 40 ft
Property Features
- Heating: Baseboard heaters,Radiator
- HeatingFuel: ,
- CoolingYN: True
- Cooling: None
- ParkingTotal: 5
- OpenParkingYN: False
- GarageYN: False
- AttachedGarageYN: False
- CarportYN: False
- FireplacesTotal: 0
- PoolYN: False
- ViewYN: False
- WaterfrontYN: False
Basics
- Date added: Added 1 week ago
- Category: Multi-family
- Type: Multi-family
- Bathrooms: 6
- Area: 3150 sq ft
- Lot size: 0 sq ft
- SubdivisionName: Sudbury
- ListOfficeName: HOMELIFE LANDMARK REALTY INC.
- MLS ID: X13726524
Courtesy of
- OfficeName: HOMELIFE LANDMARK REALTY INC.
- ListAOR: Toronto Regional Real Estate Board
Description
-
Description:
Exceptional turnkey investment opportunity in Sudbury's established West End! This well-maintained 6-unit multi-residential building (5 x 1-Bedroom units + 1 x Bachelor suite) delivers strong, proven cash flow and outstanding income stability. Financial & Investment Highlights: Strong In-Place Cash Flow: Generates over $87,000+ in annual gross revenue with attractive net operating yields. Property & Mechanical Features: Reliable Heating: Electric baseboard heaters and efficient gas-fired boiler with radiant water heating. Electrical: 200Amp main service with individual sub-panels. Extra Revenue: On-site coin-operated laundry facility in the common basement area. Prime Lot & Amenities: 40' x 125' lot backing directly onto tranquil parkland. Features ample on-site surface parking and individual tenant storage sheds. Prime Location: High-demand rental market with low vacancy rates, close to transit, shopping, schools, and downtown. Ideal addition to any portfolio. Full rent roll and financial package available upon receipt of a signed Confidentiality Agreement. Heating System Note: 5 units are currently heated by independent electric baseboard heaters; 1 bachelor suite is heated via gas boiler / water radiators. (id:67524)
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Building Details
- ParkingTotal: 5
- Heating: Baseboard heaters, Radiator
Amenities & Features
- Waterfront available: No
- OpenParkingYN: No
- AttachedGarageYN: No
- GarageYN: No
- CarportYN: No
- PoolYN: No
- CoolingYN: Yes
- Cooling: None
- Total Fireplaces: 0
