240 St. Charles Street Sudbury, Ontario P3C 2Z2
$399,000
Fantastic opportunity in this large maintenance free TRIPLEX. This solid building has had many new renovations and is in an excellent rental area!!! The driveway leads to a paved parking area in front of a 22 x 24 detached double garage. Renovations include a new roof in 2020 on both the house and garage, new high-efficiency gas furnace in 2016, newly fenced in yard, up-grade electrical service to 200amp breaker panel approximately 12 years ago, up-dated windows and each unit has been renovated over the last 10 years. The main floor is a huge 3-bedroom unit with a full basement that is over 6 feet high. The second floor contains two large 1- bedroom units that are mirror images of each other and both have separate entrances at the front and back of the building. There is immense potential in this property as all of the units are currently rented at far below market value! The Cap-Rate could easily exceed 10% at the listed price if at full market rent! Book your viewing appointment today!! This one won't last long!!! (id:47351)
Property Details
| MLS® Number | 2116271 |
| 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 | Unknown |
Building
| Basement Type | Full |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Flooring Type | Laminate |
| Foundation Type | Block, Poured Concrete |
| Heating Type | Forced Air, High-efficiency Furnace |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | 4,051 - 7,250 Sqft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/26824701/240-st-charles-street-sudbury
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May 10 2024 03:43:22
Sudbury Real Estate Board
Royal LePage North Heritage Realty, Brokerage