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6 Beds
2 Baths
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Sudbury
MLS Listing ID X13112554
Sold Date -
Style 2-Storey
Bedrooms 6
Annual Tax Amount $4,621
Tax Year 2025
Property Sub-Type Duplex
Property Description
Income Property Opportunity - Legal Duplex with 7% Cap Rate. Discover this well-maintained legal duplex offering exceptional investment. Apt 1(back) is complete with 3 BR's, Eat in kitchen, 4 pc bath, lg LR, bsmt with it's own laundry. Apt 2 is equally inviting with it's own laundry hook ups, large eat in kitchen, large living room and 3 bedrooms. Desirable neighbourhood. Sudbury enjoys a robust rental market.The multi family property is vacant. Apt 1 was rented for $1850, Apt 2 was rented for $1850. Fully detached garage and lots of parking for both units.Enjoy the flexibility to live in one side while renting the other, or lease both units to maximize returns. With a 7% cap rate, this property is a smart addition to any portfolio. Additional highlights include:. 7% Cap rate.Paved driveway with ample parking.3 Hydro Meters, one for each apt and one for owner (outside garage/outside lights)Forested backyard providing privacy and natural views.Strong rental demand in the area.Whether you're a first-time investor or looking to expand your portfolio, this duplex offers stable income and long-term value.
Location
Province ON
County Greater Sudbury
Area Greater Sudbury
Rooms
Family Room No
Basement Apartment
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Separate Heating Controls, Sewage Pump
Cooling None
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 120.0
Total Parking Spaces 6
Building
Foundation Block
Others
Senior Community Yes
Security Features Smoke Detector,Carbon Monoxide Detectors
ParcelsYN No
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Nearby Locations
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8763 Bayview Ave #127, Richmond Hill, ON L4B 3V1, ON, CAN