Boiler
$719,000
An exceptional investment opportunity in Sudbury’s West End, this solid brick sixplex at 3–5 Eyre Street features six above-grade one-bedroom units—four compact and two larger suites—delivering an annual gross income of over $75,000 with an 8.02% cap rate. The property offers stable tenancy, municipal services, natural gas heating via a hot water boiler system, and a detached garage with rental potential. Zoned R2-3 on a 64.99' x 88' lot, it boasts recent fire code compliance (March 2025), a fully approved safety plan, and positive cash flow projections. This property offers an attractive price per unit and significant potential to increase value through strategic improvements, making it ideal for a BRRRR investment approach. Its location provides convenient access to public transit, schools, and downtown amenities. Detailed financials are available upon request. (id:60626)
Property Details
|
MLS® Number
|
2123268 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Sudbury |
|
Amenities Near By
|
Park, Public Transit, Shopping |
|
Equipment Type
|
None |
|
Rental Equipment Type
|
None |
|
Road Type
|
Paved Road |
Building
|
Basement Type
|
Partial |
|
Exterior Finish
|
Brick |
|
Flooring Type
|
Vinyl |
|
Heating Type
|
Boiler |
|
Roof Material
|
Asphalt Shingle |
|
Roof Style
|
Unknown |
|
Stories Total
|
2 |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Year-round Access |
|
Acreage
|
No |
|
Land Amenities
|
Park, Public Transit, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Total Text
|
4,051 - 7,250 Sqft |
|
Zoning Description
|
R2-3 |
