740 Charlotte Street

About This Property

Income Property Opportunity - Legal Duplex with 7% Cap Rate. Discover this well-maintained legal duplex offering exceptional investment. Apt 1(back) is complete with 3 BR's, Eat in kitchen, 4 pc bath, lg LR, bsmt with it's own laundry. Apt 2 is equally inviting with it's own laundry hook ups, large eat in kitchen, large living room and 3 bedrooms. Desirable neighbourhood. Sudbury enjoys a robust rental market.The multi family property is vacant. Apt 1 was rented for $1850, Apt 2 was rented for $1850. Fully detached garage and lots of parking for both units.Enjoy the flexibility to live in one side while renting the other, or lease both units to maximize returns. With a 7% cap rate, this property is a smart addition to any portfolio. Additional highlights include:. 7% Cap rate.Paved driveway with ample parking.3 Hydro Meters, one for each apt and one for owner (outside garage/outside lights)Forested backyard providing privacy and natural views.Strong rental demand in the area.Whether you're a first-time investor or looking to expand your portfolio, this duplex offers stable income and long-term value.