297 Morris Street Sudbury, Ontario P3B 1B4
$399,999
Turnkey Duplex in central Location – 297 Morris with 8% Cap Rate. Welcome to your next cash-flow positive investment! Situated in the heart of Sudbury, this solid brick duplex is the perfect blend of modern upgrades and long-term rental potential. Fully renovated in 2019, both 2-bedroom units feature new kitchens, stylish flooring, and updated exterior doors. The main level unit boasts fresh finishes throughout, while the attic is spray-foam insulated for efficiency. An interior weeping system was installed in 2017, adding peace of mind for years to come. This property comes with a detached garage – ideal for extra storage or additional rental income. Investor bonus: There’s even potential to add a third unit in the basement (buyer to verify), maximizing your ROI. With all major updates already completed, this is a true hands-off opportunity. Just collect the rent and watch your investment grow. Book your showing today – properties like this don’t stay on the market long! (id:47351)
Property Details
| MLS® Number | 2123438 |
| Property Type | Multi-family |
| Road Type | Paved Road |
Building
| Basement Type | Full |
| Cooling Type | None |
| Exterior Finish | Brick |
| Heating Type | Boiler |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | 7,251 - 10,889 Sqft |
| Zoning Description | R3-1(6) |
https://www.realtor.ca/real-estate/28593745/297-morris-street-sudbury
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July 11 2025 08:52:54
Sudbury Real Estate Board
Red And White Realty Inc. Brokerage