366-368 Pine St

For Sale 107 Days
$849,000
beds
baths

366-368 Pine St

For Sale 107 Days
$849,000
beds
baths

Highlights

Key insights

Description

This fully rented, cash-flow-positive 6-unit all-brick apartment building offers immediate income with value-add potential. It includes two 2-bedroom units (with basements for future expansion) and four 1-bedroom units, with three units recently renovated featuring modern finishes and white cabinetry. Features include six hydro meters, two natural gas furnaces, and a paved driveway. Key upgrades include shingles (2022), fire-rated doors and windows, fire escape improvements and partial electrical updates with ESA certification, ensuring a well-maintained and compliant building. Situated on a 50’ x 122’ lot in an R2-3 zoned area, the property is municipally serviced and generates strong, stable rental income. With an 8.3% cap rate, this off-market opportunity offers a rare chance to acquire a turnkey, high-yield asset in Sudbury’s growing market. (id:55581)

CASSANDRA BEACH of ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE,
#2123273
updated 3 months ago.
Houseful checked MLS® for data 3 months ago.

Home overview

Amenities / Utilities
  • Heat type
    Forced air
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    3
  • Roof
    Unknown
Overview
  • Lot size (acres)
    0.0
  • Listing #
    2123273
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28566657/366-368-pine-street-sudbury
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-2,264

/ Month
25 Years fixed, 20% down payment, % interest
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