Neerajan Realtor
Description
Price: $ 755,000.00 MLS®: X12642744 Location : 341 Antwerp Avenue, Greater Sudbury, ON P3C 4M8
Well-maintained multi-residential building comprising six self-contained units, including a mix of bachelor, one-bedroom, and two-bedroom apartments. The property is fully tenanted with strong rental income and consistent occupancy, offering excellent cash-flow potential.The existing six-unit configuration has been confirmed by the Town as a legally established and permitted use, with municipal records supporting its status as a legal sixplex. Recent upgrades to the electrical and plumbing systems enhance long-term reliability and reduce maintenance concerns.With a current cap rate of approximately 10%, this is a solid income-producing opportunity with potential for future appreciation. Ideally located near schools, public transit, shopping, and other local amenities, the property is highly attractive to tenants. Financial statements are available upon request. The Seller may consider a Vendor Take-Back (VTB) mortgage.
Location Description
Kathleen and Antwerp
Property Details
- Community: Sudbury
- Property Type: Tenant/Residential Freehold
- Bedrooms: 8
- Bath: 6
- Garages: Detached
Building Features
- Foundation Type: Poured Concrete
- Construction Material: Brick
- Total Parking Space: 10
Features
- Heating: Radiant Gas
- Sewer: Sewer ,
Listing Contracted With: ONE PERCENT REALTY LTD.
