362 St George Street, Sudbury
$599,000
For sale: Multiplex
- Property type
- Multi-family
- MLS®
- MLS® 2127819
Excellent value-add 5-plex opportunity for the savvy investor. This income-producing property generates $87,358 in gross annual rental income and 10% cap rate with upside potential through unit turnover, rental uplift and strategic upgrades. This property offers strong existing cash flow while providing clear potential to increase income over time. All units rents are all-inclusive for simplified management. Rear main floor tenant currently has use of the garage, included in rent. Potential to purchase the adjacent three unit property at 366 St. George as a package deal! A great opportunity to increase value and maximize long term returns.
Schools
Schools in Sudbury
Sudbury has 32 Fraser Institute–rated schools (23 elementary and 9 secondary), averaging 5.8/10.
- Rated schools
- 32
- Elementary
- 23
- Secondary
- 9
- Average rating
- 5.8 / 10
Top-rated schools in Sudbury
- R L Beattie — elementaryFraser rating 8.9/10
- Lo-Ellen Park — secondaryFraser rating 8.6/10
- Lasalle — elementaryFraser rating 8.4/10
- Lockerby — secondaryFraser rating 8.3/10
- St. Benedict — secondaryFraser rating 7.9/10
- Hélène-Gravel — elementaryFraser rating 7.4/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 362 St George Street
$599,700
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