For Sale Multi-Family

339 Queen Street

$649,000
Sudbury Remote Area, Ontario P3B 2K3 MLS® X12823652
8 Bedrooms
4 Bathrooms
2,500 - 3,000 sqft Interior
4 Parking spaces
40 X 115 Ft Lot size
Window Air Conditioner Radiant Heat

About this home

Excellent Investment Opportunity in a High-Demand Rental Area.Turn-key 4-plex offering strong, stable income with four self-contained units, each featuring private entrances and separately metered hydro. Each unit has its own laundary. The building consists of:One 3-bedroom main floor unit (newly renovated) - currently vacant, previously rented for $2,400/month. Includes basement access offering ample storage space.Two 2-bedroom units - currently rented at $1,050/month and $827.35/month.One 1-bedroom unit - currently rented at $1,280/month.With a 20% down payment, this property generates positive cash flow and offers significant upside potential through future rent optimization.Well-maintained and located in a high-demand rental area with consistent tenant demand and low vacancy rates, this is an ideal opportunity for investors seeking a clean, reliable, income-producing multi-residential asset. (id:28469)

Facts & features

Property

MLS® Number
X12823652
Property Type
Multi-family
Equipment Type
Water Heater
Parking Space Total
4
Rental Equipment Type
Water Heater

Building

Bathroom Total
4
Bedrooms Above Ground
8
Bedrooms Total
8
Amenities
Separate Electricity Meters
Appliances
Dryer, Stove, Washer, Refrigerator
Basement Development
Unfinished
Basement Type
N/a (unfinished)
Cooling Type
Window Air Conditioner
Exterior Finish
Vinyl Siding
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
2
Size Interior
2,500 - 3,000 Sqft
Type
Fourplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
115 Ft
Size Frontage
40 Ft
Size Irregular
40 X 115 Ft
Size Total Text
40 X 115 Ft

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

339 Queen Street, Sudbury Remote Area, Ontario P3B 2K3  ·  Get directions