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850 Burton Avenue Sudbury, Ontario P3C 4L4

Boiler, Hot Water

$1,199,000

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:46568)

Property Details

MLS® Number 2114780
Property Type Multi-family
Amenities Near By Playground, Public Transit, Schools, Shopping
Equipment Type Water Heater - Gas
Rental Equipment Type Water Heater - Gas
Road Type Paved Road
Storage Type Storage Shed

Building

Basement Type Full
Exterior Finish Brick
Flooring Type Laminate, Vinyl
Foundation Type Block
Heating Type Boiler, Hot Water
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Utility Water Municipal Water

Land

Acreage No
Land Amenities Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Total Text 7,251 - 10,889 Sqft
Zoning Description R3

https://www.realtor.ca/real-estate/26408910/850-burton-avenue-sudbury

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