About 740 Martindale Road
Welcome to 740 Martindale Road, located in Sudbury’s desirable West End. This solid duplex offers roughly 6% Cap Rate and is well-suited for both new and seasoned investors. The upper unit features 2 bedrooms and 1 bathroom and is currently rented for $1,691 + hydro. The main-floor unit offers 3 bedrooms, 1 bathroom, 2 separate entrances, currently rented for $1,470 all-inclusive. Both units provide strong rental demand with the opportunity to increase value and rents through future updates when turnover occurs. The basement includes shared laundry, storage space, a gas furnace, and two electrical panels. With approximately 795 sq. ft., the basement offers potential for additional development, featuring two rooms with windows in place and an existing 3-piece bathroom. Outside, the partially fenced backyard provides a comfortable outdoor space for tenants in this family-friendly neighbourhood. A great opportunity to expand or start your investment portfolio with a well-located income-generating property. (id:6289)
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Features of 740 Martindale Road
| Listing # | 2125815 |
|---|---|
| Price | $384,000 |
| Bathrooms | 0.00 |
| Acres | 0.09 |
| Type | Multi-family |
| Sub-Type | Freehold |
Community Information
| Address | 740 Martindale Road |
|---|---|
| City | Sudbury |
| Province | Ontario |
| Postal Code | P3E4H7 |
Amenities
| Amenities | Playground, Public Transit, Schools |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced air |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Exterior | Stucco |
|---|---|
| Roof | Asphalt shingle |
| Foundation | Block |
Listing Details
| Office | ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE |
|---|
