About 218 Regent
Looking for a strong investment opportunity in a desirable rental area? With approximately $90,000 in gross income and a 9.4% cap rate, this is a turnkey investment in a high-demand rental location. 218 Regent Street is an all-brick fourplex with an additional in-law suite, offering excellent income potential and solid returns. This well-maintained property features four spacious one-bedroom units and one updated two-bedroom unit, all rented at market rates to reliable, respectful tenants. The property includes parking for six vehicles, an attached garage, and coin-operated laundry providing additional income. Unit 5 also benefits from private in-unit laundry, and each unit has its own 4 x 6 storage locker for added convenience. All tenants are in good standing with payments, making this a seamless addition to any portfolio. Contact today to book your private viewing. (id:6289)
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Features of 218 Regent
| Listing # | 2126862 |
|---|---|
| Price | $749,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Type | Multi-family |
| Sub-Type | Freehold |
Community Information
| Address | 218 Regent |
|---|---|
| City | Sudbury |
| Province | Ontario |
| Postal Code | P3C4C5 |
Amenities
| Parking | Attached Garage, Gravel, Parking Space(s) |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Boiler |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Asphalt shingle |
| Foundation | Concrete |
Listing Details
| Office | RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY) |
|---|
