339 QUEEN STREET, Greater Sudbury, Ontario P3B 2K3
$649,000.00
- 8 bedrooms
- 4 bathrooms
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 ... read more
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:25417)
- Listing ID: X12823652
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 40 by 115 FT |
| Parking: | No Garage 4 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Fourplex |
| Appliances: | Refrigerator, Stove, Washer and Dryer |
| HVAC: | Fireplace, Radiant Heat and Window Air Conditioner Natural Gas |
| Exterior: | Vinyl Siding |
| Basement: | N/A (Unfinished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Greater Sudbury |
| Province: | Ontario |
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