Forced Air, Baseboard Heaters
$685,000
Solid brick four-unit building located in Sudbury’s desirable West End, zoned R2-3 permitting four units. This approximately 4,000 sq. ft. investment property offers excellent income potential with two vacant two-bedroom units, including a stunning main-floor unit with a grand kitchen and a recently renovated rear two-bedroom unit featuring an attached two-level garage. The upper two-bedroom unit and lower-level bachelor unit are currently tenanted, with the bachelor offering potential for a more functional layout through the addition of a separate utility and laundry room. With the ability to add bedrooms, strong rental demand, and a projected 7% cap rate at market rents, this property presents an exceptional opportunity for investors or owner-occupiers seeking flexibility and longterm value. (id:47351)
Property Details
|
MLS® Number
|
2126234 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Hospital, Park, Public Transit |
|
Equipment Type
|
Water Heater |
|
Rental Equipment Type
|
Water Heater |
Building
|
Basement Type
|
Full |
|
Flooring Type
|
Hardwood, Tile, Carpeted |
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Heating Type
|
Forced Air, Baseboard Heaters |
|
Roof Material
|
Asphalt Shingle |
|
Roof Style
|
Flat |
|
Stories Total
|
2 |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Hospital, Park, Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Total Text
|
4,051 - 7,250 Sqft |
|
Zoning Description
|
R2-3 |
https://www.realtor.ca/real-estate/29296914/288-albinson-street-sudbury