$749,900

Investment For Sale In Sudbury, Ontario

$749,900

Property Information:

An outstanding investment opportunity at 381 Leslie Street, this 9-plex offers immediate cash flow with significant upside potential. This well-maintained building features 2 one-bedroom units, 3 two-bedroom units, 2 three-bedroom units, and 2 bachelor suites, providing a diverse mix that appeals to a wide tenant base. With three vacant units, investors can set market rents and handpick tenants right away. The property is efficiently heated with gas, while each tenant enjoys separate hydro meters and pays their own electricity. Additional highlights include on-site parking and a convenient location close to schools, shopping, transit, and major routes. With strong rental history, low vacancy rates, and excellent potential for increased income through updates and rent adjustments, this 9-plex is a smart addition to any growing portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Brick, Stucco
  • Floor Space: 5995 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 14
  • Bathrooms: 9
  • Access Type: Road access, Highway access
  • Amenities Nearby: Park, Public Transit, Schools, Shopping
  • Community Features: Community Centre
  • Floor Space (approx): 5995 Square Feet
  • Irregular: Yes
  • Lot Depth: 130 Feet
  • Lot Frontage: 100 Feet
  • Lot Size: 0.23 Acres
  • Structure Type: Shed
  • Zoning: R2-3
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 12

Courtesy of: Royal LePage Burloak Real Estate Services

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Aerial perspective of suburban area -
  • Aerial perspective of suburban area -
  • Drone / aerial view -
  • View of front facade with brick siding, a front lawn, and stucco siding -
  • Traditional-style house with brick siding and stucco siding -
  • View of property exterior featuring stucco siding -
  • Kitchen featuring brown cabinetry, freestanding refrigerator, light wood finished floors, and dark countertops -
  • Kitchen featuring white electric range oven, brown cabinets, light wood-style flooring, and dark countertops -
  • Empty room featuring a textured ceiling and wood finished floors -
  • Unfurnished living room featuring a fireplace, light wood-style floors, and a textured ceiling -
  • Unfurnished room with light wood-type flooring and a baseboard radiator -
  • Unfurnished bedroom featuring wood-type flooring, a closet, and a textured ceiling -
  • Unfurnished room featuring light wood-style floors and a textured ceiling -
  • Bathroom with vanity, bathing tub / shower combination, tile walls, and tile patterned flooring -
  • Spare room featuring wood finished floors, a ceiling fan, and crown molding -
  • Kitchen featuring white appliances, light countertops, brown cabinetry, and light wood-type flooring -
  • Full bath featuring a shower, vanity, and wood finished floors -
  • Unfurnished bedroom featuring light wood-type flooring, ceiling fan, a closet, and crown molding -
  • Kitchen featuring white appliances, light countertops, light wood-type flooring, and cream cabinetry -
  • Unfurnished room with wood finished floors and baseboards -
  • Full bathroom with vanity and washtub / shower combination -
  • Spare room with wood finished floors and baseboards -
  • Shared laundry featuring electric panel and separate washer and dryer -
  • Utility room with water heater and electric panel -