288 Albinson Street, Sudbury, Ontario P3C 3W3

Listed for:
$685,000
0 beds
0 baths
Listed 18 days ago
288 Albinson Street, Sudbury, Ontario P3C 3W3

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About

Solid brick four-unit building located in Sudbury’s desirable West End, zoned R2-3 permitting four units. This approximately 4,000 sq. ft. investment property offers excellent income potential with two vacant two-bedroom units, including a stunning main-floor unit with a grand kitchen and a recently renovated rear two-bedroom unit featuring an attached two-level garage. The upper two-bedroom unit and lower-level bachelor unit are currently tenanted, with the bachelor offering potential for a more functional layout through the addition of a separate utility and laundry room. With the ability to add bedrooms, strong rental demand, and a projected 7% cap rate at market rents, this property presents an exceptional opportunity for investors or owner-occupiers seeking flexibility and longterm value. (id:27476)

Property Highlights

MLS® Number
2126234
Type
Multi-family
Ownership Type
Freehold
Land Size
4,051 - 7,250 sqft

Building

Storeys
2.00
Amenities
Hospital, Park, Public Transit
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Forced air, Baseboard heaters
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
MLS® number:
2126234
Agent:
Cassandra Beach
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