17
$939,000 Sale
Listed 56 days ago
590 NORMAN STREET
· 0
· 6.0
· 5
· 3150
Key Facts
Key facts for 590 NORMAN STREET
Property Type
Apartment
Parking
Garage: No, 5 parking
MLS #
X13726524
Size
3150 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Exceptional turnkey investment opportunity in Sudbury's established West End! This well-maintained 6-unit multi-residential building (5 x 1-Bedroom units + 1 x Bachelor suite) delivers strong, proven cash flow and outstanding income stability. Financial & Investment Highlights: Strong In-Place Cash... Flow: Generates over $87,000+ in annual gross revenue with attractive net operating yields. Property & Mechanical Features: Reliable Heating: Electric baseboard heaters and efficient gas-fired boiler with radiant water heating. Electrical: 200Amp main service with individual sub-panels. Extra Revenue: On-site coin-operated laundry facility in the common basement area. Prime Lot & Amenities: 40' x 125' lot backing directly onto tranquil parkland. Features ample on-site surface parking and individual tenant storage sheds. Prime Location: High-demand rental market with low vacancy rates, close to transit, shopping, schools, and downtown. Ideal addition to any portfolio. Full rent roll and financial package available upon receipt of a signed Confidentiality Agreement. Heating System Note: 5 units are currently heated by independent electric baseboard heaters; 1 bachelor suite is heated via gas boiler / water radiators. (id:10452)
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Listing courtesy of: HOMELIFE LANDMARK REALTY INC.
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