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Home ON Greater Sudbury Sudbury
1071 Lorne Street
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1071 Lorne Street $459,000
2 days ago
$459,000
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1071 Lorne Street
Sudbury, Ontario P3C4S6

MLS® Number: 2121768

Listing Description

Located in Sudbury's desirable west end, this well-maintained triplex offers an excellent opportunity for investors. Situated in a high-demand rental area close to grocery stores, coffee shops, amenities, and bus routes, this property boasts consistent rental income and strong tenant appeal. This solid investment features three (3) self-contained units and has undergone numerous recent upgrades including modernized electrical and plumbing systems, updated bathrooms, and a new roof- giving peace of mind and reducing maintenance costs. With a strong 8% cap rate, this property is a true money-maker from day one. The C2 zoning also offers flexibility and many additional opportunities. Don't miss out on this prime income generating property in a sought-after location. (30325420)

Property Summary

Property Type
Multi-family
Title
Freehold
Land Size
0-4,050 sqft
Time on REALTOR.ca
2 days

Building

Interior Features
Flooring
Laminate, Tile
Basement Type
Crawl space
Building Features
Total Units
3
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Flat
Exterior Finish
Brick

Land

Other Property Information
Zoning Description
C2
Data provided by: Sudbury Real Estate Board 190 Elm Street, Sudbury, Ontario P3C 1V3

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