365 Ontario Street, Sudbury, Ontario, P3E4K3
Welcome to 365 Ontario Street in Sudbury! This fantastic opportunity is perfect for the savvy investor or the first-time home-buyer who wants a tenant to help pay the mortgage and expenses. With two 2-bedroom units, each with their own hydro meters & hot water tanks, you can rest assured this property will keep your overhead costs down. The lower 2 bedroom unit is presently owner occupied (potential of $1700.00/mth once renovated) and includes the full basement with a second bathroom already roughed in! The present owner is willing to stay on as a tenant or can provide vacant possession on closing. The Upper unit is currently rented for $600.00 + Hydro + HWT rental (potential of $1400.00/mth once renovated). The upper unit tenant ""MUST"" be assumed by the new owner! There is some cosmetic work to be done and is a perfect opportunity for the handy-man/woman!! There is also a detached double garage when fixed up could provide an additional third revenue stream of between $300.00-$500.00/mth or it can be used to attractive tenants who need a place to storing their toys or vehicles. This property is located in a popular Sudbury rental area and provides plenty of income potential to make a solid return on your investment!!! Won't last long!!! Book your showing today!! 24 hours notice required... (id:2471)
RE/MAX Crown Realty (1989) Inc. Brokerage - Sudbury
- Property Address: 365 Ontario Street, Sudbury, Ontario, P3E4K3
- Property Type: Multi-family
- Zoning Description: R2-3
- Title: Freehold
- Acreage: 0-4,050 sqft
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Access: Year-round access
- Driveway: Detached Garage, Gravel
- Amenities Nearby: Playground, Public Transit, Schools
- Storeys: 1.75
- Basement Type: Full
- Exterior Type: Vinyl, Vinyl siding
- Flooring: Laminate, Linoleum, Other, Carpeted
- Foundation Type: Block, Concrete
Listing Office: ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
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