Exceptional Investment Opportunity - well-maintained fourplex that boasts a 7% CAP RATE. This property features a diverse mix of units, including a 3-bedroom unit, two 2-bedroom units, and a 1-bedroom unit, catering to a wide range of tenants. Each unit has its own separate entrance, ensuring privacy and convenience for all residents. The property is equipped with five separate hydro meters, allowing tenants to have individual control of heat. A new gas hot water boiler has been installed, further enhancing the appeal of this investment. Here's a brief overview of the units: - Unit 1: A spacious 3-bedroom unit, currently rented for $2200/month plus hydro. - Unit 2: A cosy1-bedroom unit, currently rented for $1250/month plus hydro. - Unit 3: Another 2-bedroom unit, currently rented for $787/month, inclusive of utilities. The tenant maintains the grounds, including snow removal, grass cutting, and general repairs, in exchange for a reduction in rent. - Unit 4: A spacious 2-bedroom unit, currently rented for $1000/month, all-inclusive. All tenants are comparative and consistently pay their rent on time, contributing to the stability of your investment. This fourplex represents a fantastic investment opportunity, combining reliable cash flow with the potential for capital appreciation. Don't miss out on this chance to add a high-performing asset to your portfolio.showing are every Tuesday and Thursdays 1pm to 8pm (id:55598)
- MLS® 2116549
- Date Listed08/20/2024
- Time on Realty 0 Hours
- Bedrooms -
- Bathrooms
- Lot Size -
- Sewer Public Sewer
- Property Type Other
- Water Public
Interior Features
- Heating Boiler
Exterior / Lot Features
- Roof Asphalt
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
42/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
20/100
Bikable
Bike Score ®
Overview
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 35/100, Transit Score: 0/100, Bike Score: 38/100.
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Frequently Asked Questions for 339 Queen Street
Source: Realty.com
339 Queen Street, Greater Sudbury, ON P3B2K3 is a Other, Residential Income property listed for $599,900 The property is 0 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 37 photos of 339 Queen Street.
The full address for this home is 339 Queen Street, Greater Sudbury, ON P3B2K3.
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 35/100, Transit Score: 0/100, Bike Score: 38/100.
Listing provided courtesy of:
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
(tel: (705) 688-0007)
Listing agent:
PAUL PELLAND
(tel: (705) 669-8313)
This content last refreshed on 2024-08-20 09:36:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 339 Queen Street, Greater Sudbury, ON P3B2K3 : MLS® 2116549