Description

Great investment property! This well cared for duplex with in-law suite is a real money maker. The main floor 2 bedroom is rented to long term tenants for $1,100 all in, the upper bachelor apartment is rented for $500 all in, the lower 2 bedroom unit is currently vacant and rents for $950. There is also a garage that could generate more income. The total income is $30,600 per year with $9,163 in total expenses that brings the net yearly income to $21.436.41. When a building is earning almost 11% Cap Rate you know it is a good deal. Recent upgrades are new furnace and hot water tank (owned not rented) 2009, shingles 2016, main floor windows 2019, insulation and siding all around 2009. Call now to book your appointment please allow 26 hour notice for the tenants. (id:17377)
Complete Description
Complete Description

Property features

Asking Price
$199,000
Parking description
Exposed Aggregate
RE/MAX SUDBURY INC., BROKERAGE
Source: REALTOR.ca DDF®

Price history

Price history for this listing is not publicly available. To request a consultation with a local Purplebricks REALTOR® call: 1-855-348-1820

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage

Price history

Price history for this listing is not publicly available. To request a consultation with a local Purplebricks REALTOR® call: 1-855-348-1820

$199,000

Multiplex property for sale

343 Mountain Street

Sudbury

MLS® # 2080674

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