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3-5 Eyre Street Sudbury, Ontario P3C 4A2

Boiler

$699,000

An exceptional investment opportunity in Sudbury’s West End, this solid brick sixplex at 3–5 Eyre Street features 6 above-grade one-bedroom units (4 compact and 2 larger suites) delivering an annual gross income of over $75,000 with an 8.2% cap rate. The property offers stable tenancy, municipal services, natural gas heating via a hot water boiler system, and a detached garage with rental potential. Zoned R2-3 on a 64.99' x 88' lot with fire code compliance (March 2025), a fully approved safety plan, and positive cash flow projections. This property offers an attractive price per unit and significant potential to increase value through strategic improvements, making it ideal for a BRRRR investment approach. Its location provides convenient access to public transit, schools, and downtown amenities. Detailed financials are available upon request. (id:61445)

Property Details

MLS® Number 2125561
Property Type Multi-family
AmenitiesNearBy Park, Public Transit, Shopping
EquipmentType None
RentalEquipmentType None
RoadType Paved Road

Building

BasementType Partial
ExteriorFinish Brick
FlooringType Vinyl
HeatingType Boiler
RoofMaterial Asphalt Shingle
RoofStyle Unknown
StoriesTotal 2
UtilityWater Municipal Water

Parking

Parking Space(s)

Land

AccessType Year-round Access
Acreage No
LandAmenities Park, Public Transit, Shopping
Sewer Municipal Sewage System
SizeTotalText 4,051 - 7,250 Sqft
ZoningDescription R2-3

https://www.realtor.ca/real-estate/29086212/3-5-eyre-street-sudbury

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Cassandra Beach
Salesperson


Royal LePage North Heritage Realty, Brokerage
860 Lasalle Blvd
Sudbury, Ontario P3A 1X5

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