590 Norman St - Apartments FOR SALE


Sudbury, ON P3E 4C6
$879,000 CAD

NO PHOTO

$879,000 CAD
Apartments - FOR SALE
null | 6.25% Cap Rate

590 Norman St
Sudbury, ON P3E 4C6


HIGHLIGHTS

  • Updated HVAC
  • Updated windows
  • Interlock parking lot at the front

OVERVIEW

Easy to maintain six-plex located in a desirable residential neighborhood with quick access to bus routes and major traffic arteries. This building contains 5 one bedroom units and a bachelor suite. It is currently grossing $82,000.00 per annum and netting approximately $55,405.00. Features a peaked roof, updated windows, gas hot water heating and an interlock parking lot at the front. Very easy to rent!!

FOR SALE DETAILS

PRICE

$879,000 CAD

PRICE/SF

$121 CAD /SF

# OF UNITS

6

PRICE/UNIT

$146,500

CAP RATE

6.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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