Sudbury, ON P3B1M8 265 & 267 Cedar Street

Prime Investment Opportunity – 16-Unit Income Property This 16-unit building is a proven income generator with a fantastic location that tenants love — just steps from shopping, public transit, and the downtown office hub. The property includes 14 bachelor units, two 2-bedroom apartments, and one storage unit. Operated successfully for over 40 years, this building delivers an excellent return with many long-term tenants. In the past two years, it has seen extensive updates inside and out, including boiler upgrades and a monitored fire alarm system. Certificates completed include the Fire Safety Plan and Retrofit Surface Certificate. With a gross annual income of approximately $105,000, this is an opportunity not to be missed. A confidentiality agreement is required before any financial information is disclosed. A great deal—call today to book a private showing! (id:7434)