$599,000 $3,216 est/mo Sourced by Back At You
362 St George Street,Sudbury, ON P3B2L6
Sudbury, ON P3B2L6
Description
Excellent value-add 5-plex opportunity for the savvy investor. This income-producing property generates $87,358 in gross annual rental income and 10% cap rate with upside potential through unit turnover, rental uplift and strategic upgrades. This property offers strong existing cash flow while providing clear potential to increase income over time. All units rents are all-inclusive for simplified management. Rear main floor tenant currently has use of the garage, included in rent. Potential to purchase the adjacent three unit property at 366 St. George as a package deal! A great opportunity to increase value and maximize long term returns. (id:13843)
Details
| MLS # | 2127819 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 152 |
| Listing Provided By | ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE | CHRISTIAN LACELLE |
Features
| Basement | Y |
|---|---|
| Units | 5 |
| Zoning | R2-3 |
Interior
| Cooling | None |
|---|---|
| Heating | Boiler |
| Fireplace Yes / No | No |
Exterior
| Roof | Tin, Unknown |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Area Information
| Province | ON |
|---|---|
| City | Sudbury |
| Postal Code | P3B2L6 |
| Listing VS Median (in P3B2L6) | |
Price: $599,000 low | high Med: $0 On site: 152 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Sudbury |
| Postal Code | P3B2L6 |
| Listing VS Median (in P3B2L6) | |
Price: $599,000 low | high Med: $0 On site: 152 low | high Med: | |
Nearby Listings (Within 1/4 mile)
Price: $449K - $748K
sqft: 0 - 0
Listing Updated: October 2, 2026 at 5:21:53 AM PDT