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625

MLS® X13112554

Overview

Key Facts

Type Duplex
Levels Residential
Size -
Garage Detached
Taxes $4,621
Days Active 43
Lot Size 
Approx. Age 
MLS® Number X13112554

Property Address: 740 Charlotte St, Sudbury, ON, P3E4C3

Average square foot calculated using Size range provided by listing agent.

Description

Income Property Opportunity - Legal Duplex with 7% Cap Rate. Discover this well-maintained legal duplex offering exceptional investment. Apt 1(back) is complete with 3 BR's, Eat in kitchen, 4 pc bath, lg LR, bsmt with it's own laundry. Apt 2 is equally inviting with it's own laundry hook ups, large eat in kitchen, large living room and 3 bedrooms. Desirable neighbourhood. Sudbury enjoys a robust rental market.The multi family property is vacant. Apt 1 was rented for $1850, Apt 2 was rented for $1850. Fully detached garage and lots of parking for both units.Enjoy the flexibility to live in one side while renting the other, or lease both units to maximize returns. With a 7% cap rate, this property is a smart addition to any portfolio. Additional highlights include:. 7% Cap rate.Paved driveway with ample parking.3 Hydro Meters, one for each apt and one for owner (outside garage/outside lights)Forested backyard providing privacy and natural views.Strong rental demand in the area.Whether you're a first-time investor or looking to expand your portfolio, this duplex offers stable income and long-term value.Show Description
MLS® NumberX13112554
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageDetached
Approx. Age
BasementApartment
DrivewayGarage Type:Detached
Garage Spaces
HeatGas, Forced Air
A/CNone

Extras

Rooms

Show Details
Living Room:Main Floor10.18 × 16.67 ft

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