$350,000
7595 Hwy 17
, Sudbury Remote Area, Ontario, P0M 3H0
Properties with this icon are courtesy of TRREB.
Welcome to 7595 Highway 17, an exceptional investment opportunity featuring three separate units generating $54,390 in annual rents! This property offers a diverse range of living spaces & ample parking provided while sitting on 0.77 acres!: - **Main Floor Unit:** -A spacious three-bedroom unit with a four-piece bathroom, extra-large living area, and dining room. **Second Unit:** A two-bedroom unit with a four-piece bathroom.. - **Third Unit:** A one-bedroom unit with a three-piece bathroom, living room, and gallery kitchen. The property has undergone recent renovations, boasting all-new laminate flooring, updated bathrooms, and modern kitchens. Key updates include: - Furnace (6 years old) - Hot water tank (2023) - Two-year-old SIM water filtration system - New water softener with tannin removal - Automatic heat line from the well to the building - Newer electrical panel - Roof (2019) - Separate entrances to all units - Shared laundry on the main floor with an additional separate entrance - Double bay garage with hydro - Ample parking. All tenants have full leases in place with last month's rent which would be provided to the new owner. This property is an excellent income-generating investment with solid, reliable rental income. Absolutely incredible CAP Rate with this property.
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