$497,895

Welcome to 8 Copper, a few minutes from town in quiet Falconbridge. With close proximity to the mines, the airport and minutes from New Sudbury, this massive duplex with future development potential is perfect for a buyer who wants to live in one unit and have the tenants pay a portion of the mortgage, or for the developer looking to add this completely renovated oversized duplex with zoning that allows for current development of up to 7 additional units (buyer to verify), or the addition of a commercial office space (C2 zoning). The current duplex features 2 massive units (will be vacant on closing) with market value of approximately 2500 per unit, low expenses with two gas meters, AC units, and furnace’s, and hydro meters. This property currently generates over a 7.5% cap rate.

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Amenities

• Property Type: Multi Family
• MLS: 2116159
• Web ID: HMMK5C
• Status: Active

Map

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