All brick fourplex plus in-law suite in a great rental area. 218 Regent Street features 4 spacious one bedroom units and 1 updated two bedroom unit which are currently rented at market rents to respectful tenants. The Total Gross income is $84,106.80, Net Income of $66,937.04 and a 9% cap rate. Property has parking for 6 vehicles, attached garage, coin laundry for added revenue along with personal in unit laundry for unit 5, and each unit has its own 4x6 storage locker. Unit 3 is currently vacant, allowing for owner-occupied building on closing. Solid investment with great numbers. Call today to book your viewing. (id:4069)
Address
218 Regent Street
List Price
$729,900
Property Type
Multi-family
Area
Ontario
Sub-Area
Sudbury
MLS® Number
2121867
Listing Brokerage
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
Basement Area
Full
Postal Code
P3C4C5
Zoning
R2-3
Site Influences
Playground, Public Transit, Schools, Shopping
