Contact us for more information
Michael Page
Broker of Record
Shawn Page
Salesperson
189 Main Street (Sturgeon Falls) - Excellent investment opportunity located in the heart of Sturgeon Falls! This property features 2 commercial spaces fully rented, 2 1-bedroom apartments, 2 2-bedroom apartments and a 3 bedroom apartment. This investment brings in fantastic revenue with most leases plus utilities. There are separate gas and hydro meters for every unit. The main electrical cable was upgraded to 400 amps in 2022 from Sudbury Hydro. The 2-2 bedroom apartments and 1-3 apartment are newly built in 2022 from a former commercial space with new heat pumps added in these units for energy efficiency. New roof in 2022. Potential for more revenue would be to convert the basement, which has its own entrance, into storage spaces. Come and see this great property to add to your portfolio. Listed at $1,175,000. (id:58987)
| MLS® Number | X11894798 |
| Property Type | Multi-family |
| Community Name | Sturgeon Falls |
| AmenitiesNearBy | Hospital |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 14 |
| RentalEquipmentType | Water Heater |
| CoolingType | Partially Air Conditioned |
| ExteriorFinish | Brick |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 6318 Sqft |
| SizeInterior | 6318 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Hospital |
| SizeDepth | 132 Ft |
| SizeFrontage | 103 Ft |
| SizeIrregular | Bldg=103 X 132 Ft ; 13596 Sf |
| SizeTotalText | Bldg=103 X 132 Ft ; 13596 Sf|under 1/2 Acre |
| ZoningDescription | C1 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
