24 Fairview Avenue, Sudbury, Ontario P3B 2N1

Listed for:
$499,999
0 beds
0 baths
Listed 27 days ago
24 Fairview Avenue, Sudbury, Ontario P3B 2N1

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About

Unlock premium investment potential with this exceptional, low-maintenance fourplex featuring four unique 1-bedroom loft-style units that command high demand. Each unit boasts architectural character with cottage-style beam ceilings, a spacious 6’ x 12’ private balcony, and the comfort of gas fireplaces, all supported by durable steel beam construction. Tenants enjoy the ultimate convenience of secure, under-building parking with individual plug-ins, contributing to an impressive track record of near-zero vacancy. While currently operated as an ""all-in"" model, the building is already fully equipped with separate gas and electric meters, offering an immediate, turnkey opportunity for a new owner to transition to tenant-paid utilities and significantly boost the property’s cap rate. Shingles were just updated in 2023! (id:27476)

Property Highlights

MLS® Number
2129311
Type
Multi-family
Ownership Type
Freehold
Land Size
IRR|4,051 - 7,250 sqft

Building

Storeys
2.00
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Other, 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 REALTY TEAM BROKERAGE
MLS® number:
2129311
Agent:
Mary Jebreen
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