339 Queen Street, Sudbury Remote Area, Ontario P3B2K3

Listing courtesy of EXP REALTY.

$649,000
8
BD
4
BA

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List Price
$649,000
MLS®
X12823652
Days on Market
151
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
8
Bathrooms
4
Lot Size Dimensions
40 x 115 FT

Property Description

Excellent Investment Opportunity in a High-Demand Rental Area.Turn-key 4-plex offering strong, stable income with four self-contained units, each featuring private entrances and separately metered hydro. Each unit has its own laundary. The building consists of:One 3-bedroom main floor unit (newly renovated) - currently vacant, previously rented for $2,400/month. Includes basement access offering ample storage space.Two 2-bedroom units - currently rented at $1,050/month and $827.35/month.One 1-bedroom unit - currently rented at $1,280/month.With a 20% down payment, this property generates positive cash flow and offers significant upside potential through future rent optimization.Well-maintained and located in a high-demand rental area with consistent tenant demand and low vacancy rates, this is an ideal opportunity for investors seeking a clean, reliable, income-producing multi-residential asset. (id:5764)

Additional Information

Parking Spaces
4
Cooling
Window air conditioner
Country
Canada
Sewer
Sanitary sewer
Heating
Radiant heat, Natural gas
Stories
2

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Calculator source: Real Geeks