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240 St. Charles Street
Sudbury Ontario , P3C2Z2 , Canada
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$399,000.00
MLS® 2116271
Investment
Zoning: R2-3
Remarks:
Fantastic opportunity in this large maintenance free TRIPLEX. This solid building has had many new renovations and is in an excellent rental area!!! The driveway leads to a paved parking area in front of a 22 x 24 detached double garage. Renovations include a new roof in 2020 on both the house and garage, new high-efficiency gas furnace in 2016, newly fenced in yard, up-grade electrical service to 200amp breaker panel approximately 12 years ago, up-dated windows and each unit has been renovated over the last 10 years. The main floor is a huge 3-bedroom unit with a full basement that is over 6 feet high. The second floor contains two large 1- bedroom units that are mirror images of each other and both have separate entrances at the front and back of the building. There is immense potential in this property as all of the units are currently rented at far below market value! The Cap-Rate could easily exceed 10% at the listed price if at full market rent! Book your viewing appointment today!! This one won't last long!!! (id:7526)

Property Features:
  • Access Type: Year-round access
  • Amenities Nearby: Playground , Public Transit , Schools , Shopping
  • Equipment Type: Water Heater - Gas
  • OwnershipType: Freehold
  • Parking Type: Detached garage
  • Property Type: Multi-family
  • Rental Equipment Type: Water Heater - Gas
  • Road Type: Paved road
  • Sewer: Municipal sewage system
  • Storage Type: Unknown
Building Features:
  • Basement Type: Full
  • Cooling Type: None
  • Exterior Finish: Vinyl siding
  • Fire Protection: Smoke Detectors
  • Flooring Type : Laminate
  • Foundation Type: Block , Poured Concrete
  • Heating Type: Forced air , High-Efficiency Furnace
  • 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.

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