24 Fairview Avenue, Sudbury, Ontario P3B2N1

Listing courtesy of ROYAL LEPAGE REALTY TEAM BROKERAGE.

$499,999

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List Price
$499,999
MLS®
2129311
Days on Market
7
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
IRR

Property Description

Unlock premium investment potential with this exceptional, low-maintenance fourplex featuring four unique 1-bedroom loft-style units that command high demand. Each unit boasts architectural character with cottage-style beam ceilings, a spacious 6’ x 12’ private balcony, and the comfort of gas fireplaces, all supported by durable steel beam construction. Tenants enjoy the ultimate convenience of secure, under-building parking with individual plug-ins, contributing to an impressive track record of near-zero vacancy. While currently operated as an ""all-in"" model, the building is already fully equipped with separate gas and electric meters, offering an immediate, turnkey opportunity for a new owner to transition to tenant-paid utilities and significantly boost the property’s cap rate. Shingles were just updated in 2023! (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Baseboard heaters, Other
Total Number Of Units
4
Stories
2

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Calculator source: Real Geeks