365 Ontario Street Sudbury, Ontario P3E 4K3

$289,000

Welcome to 365 Ontario Street in Sudbury! This fantastic opportunity is perfect for the savvy investor or the first-time home-buyer who wants a tenant to help pay the mortgage and expenses. With two 2-bedroom units, each with their own hydro meters & hot water tanks, you can rest assured this property will keep your overhead costs down. The lower 2 bedroom unit is presently owner occupied (potential of $1700.00/mth once renovated) and includes the full basement with a second bathroom already roughed in! The present owner is willing to stay on as a tenant or can provide vacant possession on closing. The Upper unit is currently rented for $600.00 + Hydro + HWT rental (potential of $1400.00/mth once renovated). The upper unit tenant ""MUST"" be assumed by the new owner! There is some cosmetic work to be done and is a perfect opportunity for the handy-man/woman!! There is also a detached double garage when fixed up could provide an additional third revenue stream of between $300.00-$500.00/mth or it can be used to attractive tenants who need a place to storing their toys or vehicles. This property is located in a popular Sudbury rental area and provides plenty of income potential to make a solid return on your investment!!! Won't last long!!! Book your showing today!! 24 hours notice required... (id:46568)

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https://www.realtor.ca/real-estate/25455433/365-ontario-street-sudbury