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Home ON Greater Sudbury Sudbury
440 Morin Avenue
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440 Morin Avenue $499,900
9 hours ago
$499,900
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440 Morin Avenue
Sudbury, Ontario P3C5A7

MLS® Number: 2119994

Listing Description

9.8+ % Cap Rate! Come check out this cash flowing 4 plex centrally located in the hub of Sudbury. Property features a 3 bedroom unit (Vacant - 1800.00 market rent), a 2 bedroom unit ( vacant - 1450.00 market rent), and 2 bachelor units (one rented at 1090.00 and one vacant with a market rent of 1090.00). Property has separate hydro meters but 1 gas meter. Strong financials with a 9.8% cap rate at the current list price. Don't Miss out! (29792136)

Property Summary

Property Type
Multi-family
Storeys
2
Title
Freehold
Land Size
4,051 - 7,250 sqft
Parking Type
Gravel
Time on REALTOR.ca
9 hours

Building

Interior Features
Flooring
Laminate
Basement Type
Full
Building Features
Foundation Type
Block, Concrete
Storage
Storage Shed
Rental Equipment
Water Heater - Gas
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Asphalt shingle)
Exterior Finish
Vinyl siding
Neighbourhood Features
Amenities Nearby
Public Transit, Schools, Shopping
Parking
Parking Type
Gravel

Land

Other Property Information
Access
Year-round access
Zoning Description
R2-3
Data provided by: Sudbury Real Estate Board 190 Elm Street, Sudbury, Ontario P3C 1V3

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