Address
225 - 231 Oak Street Sudbury, ON
Price
$ 1,399,800
Property Attributes
  • ID#2095560
  • TypeMulti-Family
  • CitySudbury
  • Postal CodeP3C 1M8
  • Style
  • Price$ 1,399,800
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
Data Source:
Canadian Real Estate Association
Property Description

Incredible Investment Opportunity! Come check out this meticulously maintained 13 Unit Package deal (11 Plex with duplex next door) in amazing West End/Downtown rental location. With almost 141,000 in gross rental income (with room to grow with as new renters occupy)(approximately $83,000 Net Income!!!!!) , this building package has features and upgrades including: all brick buildings with over 12,500 square feet of combined square footage, mixture of 2/1 bedroom renovated units that are fully rented, separately metered so tenants pay their own hydro (in 11 plex), new shingles on both buildings within the last 5 years, New high efficiency natural gas boiler in 11 plex, clean common areas with coin operated laundry, secured front entry, lots of parking off rear laneway, 11 plex has bonus office and large storage area perfect for potential workshop, old world charm hardwood flooring in great shape through most of the units, vinyl windows throughout, close proximately to all downtown amenities and major transit lines, and much more. These buildings have been shown true pride of ownership and an investment opportunity that does not come available often. Don't miss out! PLEASE NOTE: 225 Oak and 231 Oak must be sold together as a package (id:7434)

General Features

More Information Link https://www.realtor.ca/real-estate/23278592/225-231-oak-street-sudbury
Property Type Multi-family
Road Type Paved road
Zoning Description C4(1)

Interior Features

Basement Type Full
Building Fireplace Present False
Building Heating Type Hot Water

Exterior Features

Building Roof Material Asphalt shingle
Building Roof Style Unknown
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in P3C 1M8

Price
AVG $1.4M
$1.4M
Visits
AVG 9
3

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