226 OAK Street, Greater Sudbury, ON P3C 1M7

$1,240,000
: 10
BD
: 6
BA
: 3,500
SqFt

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List Price: $1,240,000
MLS#: X12874250
Status: ACTIVE
Type: Multifamily
SubType: Multiplex
Style: 3-Storey
Bedrooms: 10
Bathrooms: 6
Living Area: 3500-5000
Province: ON
Municipality: Greater Sudbury
Area: Greater Sudbury
Neighborhood: Sudbury
Subdivision: Lorne St And Elm St

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Property Description

Excellent investment opportunity! This solid all-brick 6-plex is located in the highly desirable West End and is fully rented, offering immediate and stable rental income. The building features two 1-bedroom units and four 2-bedroom units, appealing to a strong tenant base. Property includes coin-operated laundry providing additional income and individual storage for each unit. 6 parking spots in the rear of the building. Efficient gas boiler heating system, one of the most economical heating options for this type of building. Well-maintained property with great potential for future improvements and value growth. A great opportunity for investors looking to add a stable, income-producing property to their portfolio.

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Additional Information

Taxes: $6,739
Heat Type: Water
Heat Source: Gas
Air Conditioning: None
Family Room: Yes
Kitchens: 6
Exterior: Brick
Garage Type: None
Pool: None
Parking Spaces: 6
Parking Type: Private