850 Burton Avenue Sudbury, Ontario P3C 4L4
$1,199,000
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:49187)
Property Details
| MLS® Number | 2114780 |
| Property Type | Multi-family |
| Neigbourhood | The Donovan |
| Amenities Near By | Playground, Public Transit, Schools, Shopping |
| Equipment Type | Water Heater - Gas |
| Rental Equipment Type | Water Heater - Gas |
| Road Type | Paved Road |
| Storage Type | Storage Shed |
Building
| Basement Type | Full |
| Exterior Finish | Brick |
| Flooring Type | Laminate, Vinyl |
| Foundation Type | Block |
| Heating Type | Boiler, Hot Water |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | 7,251 - 10,889 Sqft |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/26408910/850-burton-avenue-sudbury
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February 06 2024 01:18:50
Sudbury Real Estate Board
Royal LePage North Heritage Realty, Brokerage (South End)