Property Details

225 - 231 Oak Street, Sudbury, Ontario

225 - 231 Oak Street, Sudbury, Ontario (ID 2095560)
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$1,399,800 - For Sale

ID#:2095560

Incredible Investment Opportunity! Come check out this meticulously maintained 13 Unit Package deal (11 Plex with duplex next door) in amazing West End/Downtown rental location. With almost 141,000 in gross rental income (with room to grow with as new renters occupy)(approximately $83,000 Net Income!!!!!) , this building package has features and upgrades including: all brick buildings with over 12,500 square feet of combined square footage, mixture of 2/1 bedroom renovated units that are fully rented, separately metered so tenants pay their own hydro (in 11 plex), new shingles on both buildings within the last 5 years, New high efficiency natural gas boiler in 11 plex, clean common areas with coin operated laundry, secured front entry, lots of parking off rear laneway, 11 plex has bonus office and large storage area perfect for potential workshop, old world charm hardwood flooring in great shape through most of the units, vinyl windows throughout, close proximately to all downtown amenities and major transit lines, and much more. These buildings have been shown true pride of ownership and an investment opportunity that does not come available often. Don't miss out! PLEASE NOTE: 225 Oak and 231 Oak must be sold together as a package

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Property Details
  • Property Address:225 - 231 Oak Street, Sudbury, Ontario
  • Property Type:Multi Family
  • Sewage Type:Municipal
Structure Details for 225 - 231 Oak Street, Sudbury, Ontario
  • Structure Type:Duplex
  • Heating Type:Hot Water, Natural Gas
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225 - 231 Oak Street, Sudbury, Ontario

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