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Listed by CHRISTIAN LACELLE ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
$ 599,000
Est. payment /mo
Active
362 St George ST Sudbury, ON P3B2L6
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 - 8 Unit
Listing Status Active
Purchase Type For Sale
Subdivision Flour Mill/Donovan S308
MLS Listing ID 2127819
Available Date 2026-05-26
Property Sub-Type 5 - 8 Unit
Property Description
Excellent value-add 5-plex opportunity for the savvy investor. This income-producing property generates $91,000 in gross annual rental income and 10% cap rate with upside potential through unit turnover, rental uplift and strategic upgrades. Currently 2 of the 5 units are vacant, giving buyers the rare opportunity to renovate and reposition immediately after closing. This property offers strong existing cash flow while providing clear potential to increase income over time. All units rents are all-inclusive for simplified management. Rear main floor tenant currently has use of the garage, included in rent. Potential to purchase the adjacent three unit property at 366 St. George as a package deal! A great opportunity to increase value and maximize long term returns.
Location
Province ON
Rooms
Basement Full
Interior
Heating Boiler
Cooling None
Inclusions 5 Fridges, 5 Stoves, 2 Washers, 2 Dryers
Exterior
Exterior Feature Vinyl Siding
Parking Features Assigned, Paved
Building
Sewer 4291