Looking for a strong investment opportunity in a desirable rental area? With approximately $90,000 in gross income and a 9.4% cap rate, this is a turnkey investment in a high-demand rental location. 218 Regent Street is an all-brick fourplex with an additional in-law suite, offering excellent income potential and solid returns. This well-maintained property features four spacious one-bedroom units and one updated two-bedroom unit, all rented at market rates to reliable, respectful tenants. The property includes parking for six vehicles, an attached garage, and coin-operated laundry providing additional income. Unit 5 also benefits from private in-unit laundry, and each unit has its own 4 x 6 storage locker for added convenience. All tenants are in good standing with payments, making this a seamless addition to any portfolio. Contact today to book your private viewing. (id:4069)
Address
218 Regent
List Price
$749,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Sudbury
MLS® Number
2126862
Listing Brokerage
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
Basement Area
Full
Postal Code
P3C4C5
Zoning
R2-3 (7)
