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$649,000
Est. payment /mo
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X12823652
Style 2-Storey
Bedrooms 8
Annual Tax Amount $5,278
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Excellent Investment Opportunity in a High-Demand Rental Area.Turn-key 4-plex offering strong, stable income with four self-contained units, each featuring private entrances and separately metered hydro. Each unit has its own laundary. The building consists of:One 3-bedroom main floor unit (newly renovated) - currently vacant, previously rented for $2,400/month. Includes basement access offering ample storage space.Two 2-bedroom units - currently rented at $1,050/month and $827.35/month.One 1-bedroom unit - currently rented at $1,280/month.With a 20% down payment, this property generates positive cash flow and offers significant upside potential through future rent optimization.Well-maintained and located in a high-demand rental area with consistent tenant demand and low vacancy rates, this is an ideal opportunity for investors seeking a clean, reliable, income-producing multi-residential asset.
Location
Province ON
County Sudbury
Area Sudbury
Rooms
Family Room Yes
Basement Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 115.0
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
ParcelsYN No
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Listed by EXP REALTY
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