For Sale: 1590 Kelly Lake Road, Greater Sudbury, ON - REW
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$1,899,900
0 bd • ba • sf • Multifamily
1590 Kelly Lake Road
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$1,899,900
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1590 Kelly Lake RoadGreater Sudbury, ON, P3E 4M1

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Great investment property in Sudbury’s South End location. This building has been meticulously maintained by the owners for over 39 years! There are ten 2-bedroom units and one 1-bedroom unit. All 2-bedroom units feature a walk-in-closet, pantry, and a spacious living and dining room. The 8 units on the second and third floors have a balcony, some overlooking Robinson Lake. All tenants pay their own heat and hydro, have access to a storage locker and a parking spot. The building has been extremely cared for over the years. Upgrades include but not limited to the 40-year shingles (2014), energy efficient doors (2008) and windows (2005), paved driveway and parking lot, fire suppression system (2012). The building has an improved cap rate of 6.29% and gross income over $178K! The current owners have treated the current tenants like family for all these years. This building is more than just numbers, it is an all brick and concrete building that will bring pride of ownership to the new investors for years to come. You Tube Video: https://www.youtube.com/watch?v=2RmRj8ypMPE (id:63626)
Listed by: KEANDRA BEAUVAIS, Salesperson, RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

Home facts and features

Price details
List Price
$1,899,900
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
Title
Freehold
Exterior Finish
Brick, Vinyl siding
Heating Type
Baseboard heaters
Features
Controlled entry, Fire alarm system
Agent details
Primary Agent
KEANDRA BEAUVAIS
Primary Broker
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
Secondary Agent
TERRY AMES
Secondary Broker
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
Listing details
Days on REW
210 Days
Property Views
38
MLS® Number
2124668
Source
Canadian Real Estate Association
Board
Sudbury Real Estate Board
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25 Years
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3.99%

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Property Insights

École publique Hélène-Gravel
  • Public
  • JK - 6
MacLeod Public School
  • Public
  • JK - 8
Jean Hanson School
  • Public
  • JK - 8
Lockerby Comp School
  • Public
  • 9 - 12
É Sép Saint-Denis
  • Catholic
  • JK - 8
St Francis Catholic School
  • Catholic
  • JK - 6
R L Beattie Public School
  • Public
  • JK - 8
Princess Anne Public School
  • Public
  • JK - 8
Lo-Ellen Park School
  • Public
  • 7 - 12
Algonquin Road Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
KEANDRA BEAUVAIS
Phone:
(705) 560-5650
Office:
705-560-5650
Salesperson
TERRY AMES
Phone:
(705) 560-5650
Office:
705-560-5650
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