332 Burton Avenue Sudbury, Ontario P3C 4K5
$569,900
Amazing Investment Opportunity in Sudbury! This centrally located 4-plex in a high-demand rental area is a rare find with a strong 6.93% cap rate and potential to exceed 9.5%. Built in 1994, this low-maintenance property includes 1 spacious 2-bedroom unit ($945.55/month plus hydro) and 3 bright 1-bedroom units (Unit 1: $814.22/month, Units 2 & 4: $1,250/month plus hydro). There’s even extra income from coin-operated laundry ($125/month). The property stands out with separate entrances, individual hydro meters, ample parking, and no lawn to maintain. Close to restaurants, grocery stores, parks, schools, bus routes, and Collège Boréal, it’s perfectly located and easy to manage. Whether you're a first-time investor or growing your portfolio, this property is turnkey and full of potential. Don’t miss out—call now to book your viewing! (id:35492)
Property Details
| MLS® Number | 2120033 |
| Property Type | Multi-family |
Building
| Basement Type | Full |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Concrete |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R-2-3 |
https://www.realtor.ca/real-estate/27685681/332-burton-avenue-sudbury
Interested?
Contact us for more information
Tim Sharma
Salesperson
600 Churchill Ave
Sudbury, Ontario P3A 3Z8
(705) 524-2400
(705) 560-1879
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Sudbury Real Estate Board
Guarantee Permanent Realty Ltd., Brokerage
November 30 2024 09:45:44
