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Listed by Re/Max Real Estate Centre Inc..
339 Elm Street is a Multiplex, 3-Storey and is currently for Sale @ $769,900. Taxes in 2024 were $6,220.83.
More homes for sale under 800k in Sudbury Remote Area
RARE cash flowing purpose built multiplex building even with todays interest rates with immense potential to go! This money-making building currently represents an 8. The 3-Storey on 339 Elm Street has 9 bedrooms, 6 bathrooms, and is located on a 100.00 x 44.00 ft lot in the community of .7% cap rate! 5 Two identical bedroom units around 750 square feet each with many upgrades and 1 bachelor unit. The building is fully leased as Sudbury is experiencing very low vacancy. The building has fantastic potential. It has 6 open parking spots in the back, 3 separate entrances into the building. Most of the Roof was replaced in 2023, and unit 2 and unit 1 have extensive modern upgrades. Newer coin-operated laundry machines for additional incomes. Total Income is around $89,160. 7 Hydro meters, one for each unit and one of the common areas. See financials for the full breakdown of income and expenses.
The address 339 Elm Street was listed for sale (MLS# X9042846) on Wednesday, July 17, 2024.