Property Details
332 Burton Avenue, Sudbury, Ontario, P3C4K5
Broker
Royal LePage North Heritage Realty, Brokerage - Valley
Cell: 705-669-8313
Tel: 705-897-7777
$569,900 - For sale
Excellent investment opportunity in a high-demand rental area. This purpose-built 4-plex, constructed in 1994, offers strong and stable income with four self-contained units, each featuring private entrances and separate hydro meters. The building consists of one 2-bedroom unit renting for $970 per month and three 1-bedroom units renting for $835, $1,400, and $1,250 per month, plus an additional $200 per month from coin-operated laundry. The property generates a total monthly income of $4,655, providing positive cash flow with a 25% down payment. Well-maintained and located in an area with consistent tenant demand and low vacancy, this property is ideal for investors seeking a clean, reliable, and turn-key multi-residential asset. 332 Burton represents a rare opportunity to acquire a modern, income-producing building with proven financial performance (id:2471)
- Property Address:332 Burton Avenue, Sudbury, Ontario, P3C4K5
- Property Type:Multi-family
- Title:Freehold
- Lot Size:0-4,050 sqft
- Acreage:0-4,050 sqft
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Basement Type:Full
- Foundation Type:Block
- Rental Equipment:Water Heater - Gas
- Exterior Type:Brick, Vinyl siding
Broker
Royal LePage North Heritage Realty, Brokerage - Valley
Cell: 705-669-8313
Tel: 705-897-7777
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- Map 332 Burton Avenue, Sudbury, Ontario, P3C4K5
- Neighbourhood Information
332 Burton Avenue, Sudbury, Ontario, P3C4K5
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