Boiler
$1,199,000
Pine Court is a well-maintained six-unit, all-brick apartment building offering strong income and long-term investment stability. Over the past five years, five of the six units have undergone major renovations, allowing the property to achieve solid market rents while maintaining modest operating costs. The building generates gross annual revenue exceeding $102,000 and benefits from efficient expense management. With seven hydro meters in place, all tenants pay their own electricity, helping keep landlord costs low and cash flow predictable. Constructed of durable brick, Pine Court offers low maintenance, consistent rental demand, and proven performance. This is a turn-key multi-residential asset well-suited for investors seeking reliable income and a quality addition to their real estate portfolio. (id:47351)
Property Details
|
MLS® Number
|
2126285 |
|
Property Type
|
Multi-family |
|
Storage Type
|
Storage In Basement |
Building
|
Basement Type
|
Full |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Fire Protection
|
Fire Alarm System |
|
Flooring Type
|
Hardwood, Tile, Vinyl |
|
Foundation Type
|
Concrete Perimeter |
|
Heating Type
|
Boiler |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Year-round Access |
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Total Text
|
4,051 - 7,250 Sqft |
|
Zoning Description
|
C4(1) |
https://www.realtor.ca/real-estate/29312994/207-pine-sudbury