207 Pine, Sudbury, Ontario P3C1X4

Listing courtesy of SUTTON-BENCHMARK REALTY INC., BROKERAGE.

$1,199,000

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List Price
$1,199,000
MLS®
2128684
Days on Market
33
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family

Property Description

Solid all-brick six-plex on Pine Street offering strong in-place income and recent unit upgrades. Built in 1939 on a 50 ft x 120 ft lot, this property features six self-contained apartments with separate entrances, individual electrical panels, gas boiler radiator heat, and laneway parking for approx. 8 vehicles. Several units have been updated with new kitchens, refreshed bathrooms, butcher-block counters, tile backsplashes, stainless steel appliances, glass walk-in showers, refinished hardwood floors, and fresh paint (renovations completed 2021–2024). On-site coin laundry, rear interior fire escape (Units 3–6), basement storage, and seven hydro meters. Four 2-bedroom units and two 1-bedroom units, with one having an extra den/office. Current gross income approx. $102,296 annually. Located approx. 2.0 km to Downtown Sudbury core, approx. 1.6 km to Elm Place shopping, with bus routes along Pine Street. Turn-key multi-unit investment with consistent tenant demand. (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Flooring
Tile, Hardwood, Vinyl
Sewer
Municipal sewage system
Heating
Boiler

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Calculator source: Real Geeks