$849,000

366-368 Pine Street, Sudbury, Ontario

0.09

Acres

2123273

MLS® Number

110

Days on Website

For Sale

Listing Type

$849,000 | Sudbury for Sale at 366-368 Pine Street Sudbury

This fully rented, cash-flow-positive 6-unit all-brick apartment building offers immediate income with value-add potential. It includes two 2-bedroom units (with basements for future expansion) and four 1-bedroom units, with three units recently renovated featuring modern finishes and white cabinetry. Features include six hydro meters, two natural gas furnaces, and a paved driveway. Key upgrades include shingles (2022), fire-rated doors and windows, fire escape improvements and partial electrical updates with ESA certification, ensuring a well-maintained and compliant building. Situated on a 50’ x 122’ lot in an R2-3 zoned area, the property is municipally serviced and generates strong, stable rental income. With an 8.3% cap rate, this off-market opportunity offers a rare chance to acquire a turnkey, high-yield asset in Sudbury’s growing market. (id:6289)

Financial and Mortgage

List Price $849,000
Original Price $849,000
Monthly Payment $3,540/month
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Days on Website 110

366-368 Pine Street Details

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Construction and Lot

Bathrooms 0.00
Parking Parking Space(s)
Has Basement No
Roof Asphalt shingle
Heating Forced air
Exterior Brick
# of Stories 3

Exterior of 366-368 Pine Street

Type Multi-family
Sub-Type Freehold

Interior

Fireplace No

Information

About in Sudbury

Address 366-368 Pine Street
City Sudbury
Province Ontario
Postal Code P3C1X8
Office/Brokerage ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE

Map, Demographics, Characteristics

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