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MLS® 2128100

Overview

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 9
Lot Size 
Approx. Age 
MLS® Number 2128100

Property Address: 257 Oak St, Sudbury, ON, P3C1N1

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

Description

This solid 4-plex located at 257 Oak Street features four spacious 2-bedroom units, all currently tenanted on plus-hydro leases with reliable tenants in place. The property includes an attached rear-access garage already generating storage income, along with three brand new basement storage units ready to rent as additional revenue streams. The roof was fully replaced in 2022, and the building runs on a gas boiler with a full-height walk-out basement. With all appliances included, the property is turn-key for the next owner. Located in a downtown-adjacent pocket of Sudbury, walking distance to the core and transit at the door, tenant demand on this street has remained consistently strong. Generating $90, 000 in annual gross revenue with an NOI of $65, 000 and a cap rate over 8%, this is a strong-performing investment opportunity with built-in upside. (id:58753)Show Description
MLS® Number2128100
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
DrivewayGravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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