$699,900
For sale: Multiplex

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 $77,000, with a Net Operating Income of over $56,000. 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.
Schools
Sudbury has 32 Fraser Institute–rated schools (23 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$799,900
Multiplex568 Howey Drive, Sudbury

$600,000
Multiplex193 Dufferin Street, Sudbury

$599,900
Multiplex17 Clairmont Street, Greater Sudbury

$699,900
Vacant LandPart of Lots 9 & 10 Salo Road, Greater Sudbury

$749,000
Other1642 Main, Val Caron

$699,000
Detached9 Rollande Street, Markstay

$649,999
Detached214 Ravina Ave, Garson

$444,000
Multiplex216 Bond Street, Sudbury