850 Burton Avenue Sudbury, Ontario P3C 4L4
$1,100,000
This amazing two storey all brick six-plex stands ""head and shoulders"" above the rest. It boasts six spacious units, approximately 1,000 ft² each. All six suites are virtually identical in terms of size and layout and contain a kitchen, dining area, 4-piece bathroom, and two bedrooms. Special features include a storage shed in the backyard, paved parking lot, six hydro meters, and a common laundry room. From a location standpoint, it is central to New Sudbury and downtown so it is always easy to rent. Sudbury's Fire Department carried out an inspection in 2023 at which time a New Fire Safety Plan was approved. Overall, a fantastic multi-unit investment opportunity priced at a fraction of the reproduction cost!!! . Rents are all well below market allowing for significant rent increases upon tenant turnover. Laundry Room $1,500 annually. Roof reshingled in 2015. Hot water “on demand “boiler replaced in 2017. (id:47351)
Property Details
| MLS® Number | 2114780 |
| Property Type | Multi-family |
| AmenitiesNearBy | Playground, Public Transit, Schools, Shopping |
| EquipmentType | Water Heater - Gas |
| RentalEquipmentType | Water Heater - Gas |
| RoadType | Paved Road |
| StorageType | Storage Shed |
Building
| BasementType | Full |
| ExteriorFinish | Brick |
| FlooringType | Laminate, Vinyl |
| FoundationType | Block |
| HeatingType | Boiler, Hot Water |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 2 |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeTotalText | 7,251 - 10,889 Sqft |
| ZoningDescription | R3 |
https://www.realtor.ca/real-estate/26408910/850-burton-avenue-sudbury
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September 13 2024 12:46:40
Sudbury Real Estate Board
Royal LePage North Heritage Realty, Brokerage