$569,900
FOR SALE

Multiplex

305 Oak Street
Sudbury, ON P3C 1N1

Great investment property in the West End, close to all amenities, bus route and schools! This building is a legal duplex plus two self-contained units. Main and upper levels have a spacious 2-bedroom apartment with balconies and separate meters. The lower level has two 1-bedroom apartments without a stove. Gross income of over $62,000 per year with a 8.22% cap rate. Very low maintenance building and property. Appealing location that is steps away from Sudbury’s popular Queen’s Athletic Field and the Indoor Tennis Centre. Updates include the furnace (2024), refinished stucco and new vinyl siding (2016) and updated 200 amp panel with ESA certificate (2012). Fully tenanted with great market rents! (id:47421)
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Listed By RE/MAX CROWN REALTY (1989) INC., Brokerage (SUDBURY)
Data Provided By Sudbury Real Estate Board
MLS® Listing Number 2116222
Last Updated Apr 23, 2024
Property Summary
Property Type Multiplex

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Price History

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Detailed Information
Amenities Nearby Park, Playground, Public Transit
Equipment Furnace, Water Heater - Gas
Ownership Type Freehold
Property Type Multi-family
Rental Equipment Furnace, Water Heater - Gas
Transaction Type For sale
Zoning Description R2-3
Building
Basement Type Full
Cooling Type None
Exterior Finish Stucco, Vinyl siding
Fire Protection Smoke Detectors
Flooring Type Laminate, Tile, Vinyl
Foundation Type Block
Heating Type Forced air, High-Efficiency Furnace
Roof Material Asphalt shingle
Roof Style Unknown
Stories Total 2
Utility Water Municipal water
Parking Spaces
Name Spaces
Gravel
Land
Total Size under 1/2 acre
Access Type Year-round access
Amenities Park, Playground, Public Transit
Sewer Municipal sewage system

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