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$ 569,900
Est. payment /mo
Active
332 Burton Avenue Sudbury, ON P3C4K5
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2120033
Originating Board Sudbury Real Estate Board
Property Description
Amazing Investment Opportunity in Sudbury! This centrally located 4-plex in a high-demand rental area is a rare find with a strong 6.93% cap rate and potential to exceed 9.5%. Built in 1994, this low-maintenance property includes 1 spacious 2-bedroom unit ($945.55/month plus hydro) and 3 bright 1-bedroom units (Unit 1: $814.22/month, Units 2 & 4: $1,250/month plus hydro). There’s even extra income from coin-operated laundry ($125/month). The property stands out with separate entrances, individual hydro meters, ample parking, and no lawn to maintain. Close to restaurants, grocery stores, parks, schools, bus routes, and Collège Boréal, it’s perfectly located and easy to manage. Whether you're a first-time investor or growing your portfolio, this property is turnkey and full of potential. Don’t miss out—call now to book your viewing! (id:24570)
Location
Province ON
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by GUARANTEE PERMANENT REALTY LTD., BROKERAGE