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1277 Will St, Sudbury, ON

Name: 1277 Will St, For Sale in Sudbury - Zoocasa
Brand: RE/MAX SUDBURY INC., BROKERAGE
SKU: 2129947
Price: 899900 CAD

House

For Sale

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000

MLS® 2129947

Overview

Key Facts

Type

Levels Residential Income

Size -

Garage

Taxes

Days Active 11

Lot Size 132.12

Approx. Age

MLS® Number 2129947

Property Address: 1277 Will St, Sudbury, ON, P3A4L5

Average square foot calculated using Size range provided by listing agent.

Description

Rare 5-unit investment opportunity in a prime New Sudbury neighbourhood! This unique property features a triplex with an in-law suite plus a completely separate 1-bedroom standalone home on the same lot, offering a total of 5 units. The main building consists of one 2-bedroom unit and three 1-bedroom units, while the detached home provides an additional 1-bedroom living space. The unique configuration offers exceptional flexibility for investors or owner-occupiers, with the option to live in the standalone home while generating rental income from the other four units, or rent all five units as an income-producing investment. There is plenty of potential to increase rental income over time through improved rents and continued management of the property. The detached home is particularly appealing to tenants looking for the privacy and independence of their own house without the typically higher cost of a standalone property. For those looking toward the future, the standalone home's location on the lot may also present potential for redevelopment or the addition of further multifamily housing, subject to municipal approvals, zoning, severance requirements and other applicable regulations. Buyers are encouraged to conduct their own due diligence with the City regarding any proposed redevelopment. The current owner has completed substantial upkeep and maintenance over the years, making this a rare opportunity to acquire a versatile multi-unit property with multiple income streams and significant potential for future value-add opportunities. (id:58753)Show Description

MLS® Number2129947

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

BasementFull

Driveway

Garage Spaces

HeatForced air

A/C

Extras

Map

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