339 Queen Street Sudbury Remote Area, Ontario P3B 2K3

8 Bedroom 4 Bathroom 2,500 - 3,000 ft2
Window Air Conditioner Radiant Heat, Not Known

$649,000

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. (id:15069)

Property Details

MLS® Number X12823652
Property Type Multi-family
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Amenities Separate Electricity Meters
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type Window Air Conditioner
Exterior Finish Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat, Not Known
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 115 Ft
Size Frontage 40 Ft
Size Irregular 40 X 115 Ft
Size Total Text 40 X 115 Ft

https://www.realtor.ca/real-estate/29403236/339-queen-street-sudbury-remote-area

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