590 Norman Street, Greater Sudbury (Sudbury), Ontario

About 590 Norman Street

Exceptional turnkey investment opportunity in Sudbury's established West End! This well-maintained 6-unit multi-residential building (5 x 1-Bedroom units + 1 x Bachelor suite) delivers strong, proven cash flow and outstanding income stability. Financial & Investment Highlights: Strong In-Place Cash Flow: Generates over $87,000+ in annual gross revenue with attractive net operating yields. Property & Mechanical Features: Reliable Heating: Electric baseboard heaters and efficient gas-fired boiler with radiant water heating. Electrical: 200Amp main service with individual sub-panels. Extra Revenue: On-site coin-operated laundry facility in the common basement area. Prime Lot & Amenities: 40' x 125' lot backing directly onto tranquil parkland. Features ample on-site surface parking and individual tenant storage sheds. Prime Location: High-demand rental market with low vacancy rates, close to transit, shopping, schools, and downtown. Ideal addition to any portfolio. Full rent roll and financial package available upon receipt of a signed Confidentiality Agreement. Heating System Note: 5 units are currently heated by independent electric baseboard heaters; 1 bachelor suite is heated via gas boiler / water radiators. (id:6289)

More Info on this Sudbury Multi-Family MLS® listing

590 Norman Street is a multi-family listing for sale in Greater Sudbury (Sudbury). The MLS® number is X13726524. It features 6 bathrooms and covers 3,150 square feet. It's currently listed for $939,000. For more details on MLS® X13726524, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in Sudbury is available now!

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