1590 Kelly Lake Road, Sudbury, ON P3E4M1
1590 Kelly Lake Road, Sudbury, ON P3E4M1,Video Tour
1590 Kelly Lake Road, Sudbury, ON P3E4M1
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Alex Briones

Alex Briones

+1(403) 222-2577
$1,899,900
Est. payment /mo
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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS® Listing ID 2124668

Property Sub-Type Freehold

Property Description

Great investment property in Sudbury's South End location. This building has been meticulously maintained by the owners for over 39 years! There are ten 2-bedroom units and one 1-bedroom unit. All 2-bedroom units feature a walk-in-closet, pantry, and a spacious living and dining room. The 8 units on the second and third floors have a balcony, some overlooking Robinson Lake. All tenants pay their own heat and hydro, have access to a storage locker and a parking spot. The building has been extremely cared for over the years. Upgrades include but not limited to the 40-year shingles (2014), energy efficient doors (2008) and windows (2005), paved driveway and parking lot, fire suppression system (2012). The building has an improved cap rate of 6.29% and gross income over $178K! The current owners have treated the current tenants like family for all these years. This building is more than just numbers, it is an all brick and concrete building that will bring pride of ownership to the new investors for years to come. You Tube Video: https://www.youtube.com/watch?v=2RmRj8ypMPE (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Flooring Concrete, Parquet, Carpeted

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Attached Garage No

Garage No

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://my.matterport.com/show/?m=mCoW9ueMH6K

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Listed by RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

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1590 Kelly Lake Road

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Alex Briones
Alex Briones

Realtor - Team Lead

+1(403) 222-2577 | homes@brionesgroup.ca

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