346 348 350 Kathleen Street, Sudbury, Ontario P3C2M2

Listing courtesy of REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE.

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List Price
$225,000
MLS®
2131153
Days on Market
1
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family

Property Description

An accessible entry point into multifamily ownership! Centrally located, 346–348–350 Kathleen Street offers an entry-level triplex generating a 12.61% capitalization rate. Priced right, this property presents an opportunity for investors and buyers looking to make their first home purchase work harder. The vacant two-bedroom unit allows a buyer to move in and benefit from rental income from the other two units to help offset ownership costs. For BRRR investors, there is potential to build equity through strategic improvements, strengthen rental income and explore refinancing as value is added. Whether you’re starting your investment portfolio or purchasing a home with additional income, this triplex is worth a closer look. (id:5764)

Additional Information

Ownership
Freehold
Cooling
None
Country
Canada
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Baseboard heaters, Other

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