This fully rented, cash-flow-positive 6-unit all-brick apartment building offers immediate income with value-add potential. It includes two 2-bedroom units (with basements for future expansion) and four 1-bedroom units, with three units recently renovated featuring modern finishes and white cabinetry. Features include two natural gas furnaces and a paved driveway. Key upgrades include shingles (2022), fire-rated doors and windows, fire escape improvements and partial electrical updates with ESA certification, ensuring a well-maintained and compliant building. Situated on a 50’ x 122’ lot in an R2-3 zoned area, the property is municipally serviced and generates strong, stable rental income. With an 9% cap rate, this opportunity offers a rare chance to acquire a turnkey, high-yield asset in Sudbury’s growing market. (id:15069)
| MLS® Number | 2125587 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
| Road Type | Paved Road |
| Basement Type | Full |
| Exterior Finish | Brick |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 3 |
| Utility Water | Municipal Water |
| Parking Space(s) |
| 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/29086209/366-368-pine-street-sudbury
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