305 Oak Street Sudbury, Ontario P3C 1N1
$569,900
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:46568)
Property Details
| MLS® Number | 2116222 |
| Property Type | Multi-family |
| Amenities Near By | Park, Playground, Public Transit |
| Equipment Type | Furnace, Water Heater - Gas |
| Rental Equipment Type | Furnace, Water Heater - Gas |
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
| Gravel |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/26788845/305-oak-street-sudbury
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April 23 2024 04:46:07
Sudbury Real Estate Board
RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)
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