237 Bloor Street Sudbury, Ontario P3C 2L1

$320,000

Opportunity knocks. Rooming House! Currently 9 rooms rented: $4,780/mth Expenses run about $1400/mth. This century building with lots of original character is currently and legally used as a rooming house. Great for students, or workers, or maybe a whole family can take it over. 11 available bedrooms (including basement) for rental purposes with a large shared kitchen with three fridges for everyone to have their own shelf. 5-3 piece bathrooms (1 in basement, 1 on main floor, 2 on second floor, 1 on third floor). Some common sitting rooms throughout, common area in front porch , a finished large basement area with laundry and bathroom and large bedroom/living room area. The roof was new in 2018. The furnace, a/c and hot water tank is on a rental contract(new in 2018). There is plenty of original hardwood floors throughout all the levels. Solid stairs to upper levels with character banisters. Updated electrical panel, updated plumbing, duct work, and includes all appliances and almost all furnishings in the building (beds, dressers, night stands, appliances). Currently 9 out of 11 rooms are rented. Plenty of income potential. Showings must be given sufficient notice and only evenings and weekends. Located in close proximity to many local restaurants, downtown core, schools, colleges, university, hospital, cancer center and on a bus route. Walking distance to many amenities. Quiet area of town. Gross Income $57,360.00 (plus 3 vacant units including basement which is owner occupied). Total expenses $16,762.41. Current Net income $40,597.59 plus potential for vacant units. (id:33559)

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https://www.realtor.ca/real-estate/22387863/237-bloor-street-sudbury