366-368 Pine Street Sudbury, Ontario P3C 1X8
$849,000
This fully rented, cash-flow-positive 6-unit all-brick apartment building offers immediate income with value-add potential. It includes two 2-bedroom units (with basements for future expansion) and four 1-bedroom units, with three units recently renovated featuring modern finishes and white cabinetry. Features include six hydro meters, two natural gas furnaces, and a paved driveway. Key upgrades include shingles (2022), fire-rated doors and windows, fire escape improvements and partial electrical updates with ESA certification, ensuring a well-maintained and compliant building. Situated on a 50’ x 122’ lot in an R2-3 zoned area, the property is municipally serviced and generates strong, stable rental income. With an 8.3% cap rate, this off-market opportunity offers a rare chance to acquire a turnkey, high-yield asset in Sudbury’s growing market. (id:49187)
Property Details
| MLS® Number | 2123273 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
| Road Type | Paved Road |
Building
| Basement Type | Full |
| Exterior Finish | Brick |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | 4,051 - 7,250 Sqft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/28566657/366-368-pine-street-sudbury
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 07 2025 12:41:49
Sudbury Real Estate Board
Royal LePage North Heritage Realty, Brokerage