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220 Kathleen Street Sudbury, Ontario P3C 2L8

None Boiler, Forced Air, High-Efficiency Furnace

$359,900

****PRICE ADJUSTMENT LEGAL TRIPLEX WITH 1 VACANT UNIT****Introducing 220 Kathleen St in Sudbury, a lucrative investment opportunity that promises exceptional returns. This money-making triplex boasts a remarkable capitalization rate of 10.87%, making it a standout choice for savvy investors. Unit 3 shines with its recent complete updates, offering modern amenities and stylish finishes to attract quality tenants. Additionally, each unit is equipped with separate meters for hydro and gas, ensuring tenants are responsible for their utility expenses, which enhances the profitability of the property. This triplex is strategically positioned to attract reliable tenants, further solidifying its potential for consistent income generation. Whether you're a seasoned investor or looking to enter the rental property market, this opportunity offers both stability and significant financial rewards. Don't miss out on the chance to own this exceptional income-generating asset at 220 Kathleen St. Take advantage of the thriving rental market in Sudbury and secure your investment today! (id:24038)

Property Details

MLS® Number 2115411
Property Type Multi-family
Amenities Near By Public Transit, Shopping
Equipment Type Water Heater - Gas
Rental Equipment Type Water Heater - Gas
Storage Type Outside Storage

Building

Basement Type Partial
Cooling Type None
Flooring Type Laminate, Vinyl, Carpeted
Heating Type Boiler, Forced Air, High-efficiency Furnace
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Utility Water Municipal Water

Parking

Gravel

Land

Access Type Year-round Access
Acreage No
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Total Text 4,051 - 7,250 Sqft
Zoning Description R2-3

https://www.realtor.ca/real-estate/26605798/220-kathleen-street-sudbury

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