Bookmark this listing. Rank it now:

Remove bookmark

Like

339 Queen Street
Greater Sudbury Ontario , P3B2K3 , Canada
View Just Photos
Click any photo to see slideshow
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
null
Paul Pelland
Agent
Broker
Cell: 705.669.8313

Royal LePage North Heritage Realty
Brokerage:
860 LASALLE BLVD
Sudbury, ON
P3A 1X5
Phone: 705.688.0007
Fax: 705.688.0082
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

$599,900.00
MLS® 2116549
Investment
Zoning: R2-3
Remarks:
Exceptional Investment Opportunity - well-maintained fourplex that boasts a 7% CAP RATE. This property features a diverse mix of units, including a 3-bedroom unit, two 2-bedroom units, and a 1-bedroom unit, catering to a wide range of tenants. Each unit has its own separate entrance, ensuring privacy and convenience for all residents. The property is equipped with five separate hydro meters, allowing tenants to have individual control of heat. A new gas hot water boiler has been installed, further enhancing the appeal of this investment. Here's a brief overview of the units: - Unit 1: A spacious 3-bedroom unit, currently rented for $2200/month plus hydro. - Unit 2: A cosy1-bedroom unit, currently rented for $1250/month plus hydro. - Unit 3: Another 2-bedroom unit, currently rented for $787/month, inclusive of utilities. The tenant maintains the grounds, including snow removal, grass cutting, and general repairs, in exchange for a reduction in rent. - Unit 4: A spacious 2-bedroom unit, currently rented for $1000/month, all-inclusive. All tenants are comparative and consistently pay their rent on time, contributing to the stability of your investment. This fourplex represents a fantastic investment opportunity, combining reliable cash flow with the potential for capital appreciation. Don't miss out on this chance to add a high-performing asset to your portfolio.showing are every Tuesday and Thursdays 1pm to 8pm (id:27)

Property Features:
  • Equipment Type: Water Heater - Gas
  • OwnershipType: Freehold
  • Parking Type: Parking Spaces
  • Property Type: Multi-family
  • Rental Equipment Type: Water Heater - Gas
  • Sewer: Municipal sewage system
Building Features:
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Foundation Type: Block
  • Heating Type: Boiler
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

22018080