226 OAK Street

Greater Sudbury, ONMulti-family
$1,240,000
MLS® X12874250
Multi-family10 beds6 baths6 total
226 OAK Street, Greater Sudbury, ON photo 1
226 OAK Street, Greater Sudbury, ON photo 2
226 OAK Street, Greater Sudbury, ON photo 3
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About This Property

Excellent investment opportunity! This solid all-brick 6-plex is located in the highly desirable West End and is fully rented, offering immediate and stable rental income. The building features two 1-bedroom units and four 2-bedroom units, appealing to a strong tenant base. Property includes coin-operated laundry providing additional income and individual storage for each unit. 6 parking spots in the rear of the building. Efficient gas boiler heating system, one of the most economical heating options for this type of building. Well-maintained property with great potential for future improvements and value growth. A great opportunity for investors looking to add a stable, income-producing property to their portfolio. (id:63604)

Key Facts

Type
Multi-family
Beds
10
Baths
6
Size
3,500 sqft
Lot
50 x 120 FT
Parking
6 total

Highlights

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
Property Details 13 details
Bedrooms
10 bedrooms
10 above grade
Bathrooms
6 bathrooms
Parking
6 parking spaces
No Garage
Living area
3,500 - 5,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
3
Basement
Partially finished, Walk out
Heating
Natural gas
Fireplace
No
Lot dimensions
50 x 120 FT
Frontage
50 feet
Taxes
$6,739.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorDishwasherStoveDryer

Exterior features

BrickConcrete
Mortgage & Affordability Estimate monthly costs
Purchase price$1,240,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Sudbury
City
Greater Sudbury
Postal code
P3C 1M7
Nearby
Cross Streets: Lorne St and Elm St. ** Directions: South of Elm St, West of Lorne St, East of Alder St S.