Key insights
This home is
58%
Time on Houseful
2 Days
School rated
5.3/10
- Houseful
- ON
- Sudbury
- Flour Mill
- 97-99 Fairview Ave
Highlights
Description
- Time on Housefulnew 2 days
- Property typeMulti-family
- Neighbourhood
- Median school Score
- Mortgage payment
Centrally located 4-unit income property with excellent upside potential! Currently generating a 12.61% cap rate, this building is ideal for a BRRR investor looking to renovate and maximize rental income. One of the 1-bedroom units is vacant and ready for improvements, creating an immediate value-add opportunity. All units are heated with efficient gas convection wall units, and the back shingles were replaced in 2019. With room to further increase net operating income and appreciation, this property offers both strong current cash flow and future growth. (id:63267)
Home overview
Amenities / Utilities
- Heat type Other
- Sewer/ septic Municipal sewage system
Exterior
- Roof Unknown
Interior
- Flooring Laminate
Overview
- Lot size (acres) 0.0
- Listing # 2124755
- Property sub type Multi-family
- Status Active
SOA_HOUSEKEEPING_ATTRS
- Listing source url Https://www.realtor.ca/real-estate/28894455/97-99-fairview-avenue-sudbury
- Listing type identifier Idx
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.
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates
$-560
/ Month25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%
Schedule a viewing
No obligation or purchase necessary, cancel at any time
Nearby Homes
Real estate & homes for sale nearby