362 St George Street, Sudbury, Ontario

About 362 St George Street

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. (id:6289)

More Info on this MLS® listing

362 St George Street is a listing for sale in Sudbury. The MLS® number is 2127819. It's currently listed for $599,000. For more details on MLS® 2127819, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Sudbury is available now!

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