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850 Burton Avenue
Sudbury Ontario , P3C4L4 , Canada
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$1,149,000.00
MLS® 2114780
Investment
Zoning: R3
Remarks:
This amazing two storey all brick six-plex stands ""head and shoulders"" above the rest. It boasts six spacious units, approximately 1,000 ft² each. All six suites are virtually identical in terms of size and layout and contain a kitchen, dining area, 4-piece bathroom, and two bedrooms. Special features include a storage shed in the backyard, paved parking lot, six hydro meters, and a common laundry room. From a location standpoint, it is central to New Sudbury and downtown so it is always easy to rent. Sudbury's Fire Department carried out an inspection in 2023 at which time a New Fire Safety Plan was approved. Overall, a fantastic multi-unit investment opportunity priced at a fraction of the reproduction cost!!! . Rents are all well below market allowing for significant rent increases upon tenant turnover. Laundry Room $1,500 annually. Roof reshingled in 2015. Hot water “on demand “boiler replaced in 2017. (id:7526)

Property Features:
  • Amenities Nearby: Playground , Public Transit , Schools , Shopping
  • Equipment Type: Water Heater - Gas
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Rental Equipment Type: Water Heater - Gas
  • Road Type: Paved road
  • Sewer: Municipal sewage system
  • Storage Type: Storage Shed
Building Features:
  • Basement Type: Full
  • Exterior Finish: Brick
  • Flooring Type : Laminate , Vinyl
  • Foundation Type: Block
  • Heating Type: Boiler
  • 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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21227793

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