97-99 Fairview Avenue, Sudbury, Ontario

$210,000

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About 97-99 Fairview Avenue

Centrally located 4-unit income property with excellent upside potential! Currently generating a 12.61% cap rate, this building is ideal for a BRRR investor looking to renovate and maximize rental income. One of the 1-bedroom units is vacant and ready for improvements, creating an immediate value-add opportunity. All units are heated with efficient gas convection wall units, and the back shingles were replaced in 2019. With room to further increase net operating income and appreciation, this property offers both strong current cash flow and future growth. (id:6289)

Features of 97-99 Fairview Avenue

Listing # 2124755
Price $210,000
Bathrooms 0.00
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 97-99 Fairview Avenue
City Sudbury
Province Ontario
Postal Code P3B2M9

Amenities

Amenities Public Transit, Schools, Shopping
Parking Paved Yard
Is Waterfront No
Has Pool No

Interior

Heating Other
Fireplace No
Has Basement No

Exterior

Exterior Vinyl siding
Roof Asphalt shingle
Foundation Block

Listing Details

OfficeREALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

Listing Map

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