For Sale

$649,000

339 QUEEN STREET , Sudbury Remote Area, Ontario P3B2K3

8 Beds 4 Baths

Remarks

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:7526)

Property Summary

  • Lot Frontage: 40.0 Feet
  • Lot Depth: 115.0 Feet
  • Lot Size: 40 x 115 FT
  • No. of Parking Spaces: 4
  • Bedrooms: 8
  • Bathrooms (Total): 4

Property Features:

  • Equipment Type:
    Water Heater
  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Rental Equipment Type:
    Water Heater
  • Sewer:
    Sanitary sewer

Building Features:

  • Amenities:
    Separate Hydro Meters
  • Appliances:
    Dryer , Stove , Washer , Refrigerator
  • Basement Development:
    Unfinished
  • Basement Type:
    N/A
  • Building Type:
    Fourplex
  • Cooling Type:
    Window air conditioner
  • Exterior Finish:
    Vinyl siding
  • Foundation Type:
    Poured Concrete
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Radiant heat , Not known

Listing courtesy of: 

EXP REALTY

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