$995,900
FOR SALE

Multiplex

516 Silverman Street
Greater Sudbury, ON P3B 1A9

JUST LISTED in Sudbury, Ontario! This unique two-storey, 4 + 1 unit property is ready to be your next investment opportunity! Four newly renovated 2BR units and a 1BR basement in-law suite make this property ready to cash flow into your portfolio The property offers 4 compelling 2-bedroom units and a particularly cozy, newly renovated 2-bedroom basement in-law suite. With stylish open-concept plans and tons of natural light, every unit is ready to welcome its new tenants. Cozy up in the living area, elegantly designed to set the tone for impressive living and entertaining. An impressive asset is the common area with a coin-operated washer and dryer that boosts utility and value for residents. You won't have to worry about parking, either. There's ample space for all residents’ vehicles plus extra spaces for your guests. ?? For the safety and peace of mind of the tenants, the property boasts a secure entrance. Plus, there's a spacious detached garage that could also be utilized as additional storage or workspace or an added revenue stream. The property has undergone beautiful, modern renovations that will captivate prospective tenants at first sight, with remarkable finishes and details. Located in a serene neighborhood in Sudbury, this property combines luxury living and absolute convenience perfect for discerning residents! Excellent opportunity for a consistent revenue stream for the savvy investor! ?? Don’t miss this opportunity for an amazing investment with just under 9.8% CAP rate! Contact for more details today! #SudburyRealEstate #HomeForSale #JustListed #InvestmentProperty #MultiUnitProperty #OntarioR (id:47421)
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Listed By ROYAL LEPAGE NORTH HERITAGE REALTY, Brokerage (SOUTH END)
Data Provided By Sudbury Real Estate Board
MLS® Listing Number 2115775
Last Updated Apr 02, 2024
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Equipment None
Ownership Type Freehold
Property Type Multi-family
Rental Equipment None
Transaction Type For sale
Zoning Description r2-3
Building
Basement Type Full
Heating Type Boiler, Baseboard heaters
Roof Material Asphalt shingle
Roof Style Unknown
Stories Total 2
Utility Water Municipal water
Land
Total Size 4,051 - 7,250 sqft
Sewer Municipal sewage system

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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