1590 Kelly Lake Road

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: class="container" id="details-container",899,900
• Listing key: 28853212

Listing overview

Great investment property in Sudbury’s South End location. This building has been meticulously maintained by the owners for over 39 years! There are ten 2-bedroom units and one 1-bedroom unit. All 2-bedroom units feature a walk-in-closet, pantry, and a spacious living and dining room. The 8 units on the second and third floors have a balcony, some overlooking Robinson Lake. All tenants pay their own heat and hydro, have access to a storage locker and a parking spot. The building has been extremely cared for over the years. Upgrades include but not limited to the 40-year shingles (2014), energy efficient doors (2008) and windows (2005), paved driveway and parking lot, fire suppression system (2012). The building has an improved cap rate of 6.29% and gross income over class="container" id="details-container"78K! The current owners have treated the current tenants like family for all these years. This building is more than just...