$365,000
Available - For Sale
Listing ID: X9351055
254 Mountain St , Greater Sudbury, P3B 2T7, Ontario
| Cash Flowing, Full Rented, 4 Unit- Detached Building, Maintenance Free, R2-3 Zoning. Each unit with separate entrances/door, Loads of parking and room for a garage at the rear. Gas forced Air Heat, Upgraded electrical, New Roof (2016), Front Deck and common area/foyer. Gross Rent $3100 with 3 long term tenants, Potential Rent $45k. 30 Hr Notice required for viewings, Weekend viewings after 10:00am. Deposit Min. $7k. Turn Key Property, all 1 Bedrm Units, Market rent $1k+ per month ($3800/mth), Seller willing to hold VTB Current Cap Rate over 6%, Fully unfurnished large basement available pot. Rental. |
| Extras: 30 Hr Notice for Showings- Tenants, Only after 10:00am |
| Price | $365,000 |
| Taxes: | $3920.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 254 Mountain St , Greater Sudbury, P3B 2T7, Ontario |
| Postal Code: | P3B 2T7 |
| Province/State: | Ontario |
| Legal Description: | PCL 3639 SEC SES LOT 40, PLAN M55A |
| Lot Size: | 50.00 x 97.00 (Feet) |
| Directions/Cross Streets: | WEST |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | Y |
| Total Area: | 4811.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2800 |
| Office/Appartment Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| LLBO: | N |
| Taxes Expense: | $3920 |
| Insurance Expense: | $2500 |
| Heat Expenses: | $3800 |
| Hydro Expense: | $3900 |
| Water Expense: | $1400 |
| Gross Income/Sales: | $37300 |
| Net Income Before Debt: | $24000 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Part |
| Rail: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | N |
| Elevator Lift: | None |
| Sewers: | Sanitary |
| Water: | Municipal |
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At a Glance:
| Type: | Com - Investment |
| Area: | Greater Sudbury |
| Municipality: | Greater Sudbury |
| Neighbourhood: | Remote Area |
| Lot Size: | 50.00 x 97.00(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $3,920 |
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