387-389 Antwerp Avenue Sudbury, Ontario P3C 4M8

Forced Air, Baseboard Heaters

$569,900

Opportunity Knocks in the Heart of Sudbury! Welcome to 387-389 Antwerp, a legal 5-unit income property ideally located just minutes from downtown. This is a rare opportunity for investors looking to secure a solid asset with immediate cash flow and future upside. Four of the five units are already tenanted, providing stable rental income from day one. The fifth unit has been fully gutted, offering a blank canvas for the new owner to design and customize to their liking. There’s untapped potential in the backyard: remove the existing shed and significantly increase the building’s parking capacity—a huge bonus for tenants and future resale value. Major updates include a new roof completed in 2025, offering peace of mind for years to come. With R2-3 zoning, legal status, and a central location close to amenities, schools, and transit, this is a solid investment with room to grow. Don’t miss your chance to add a high-potential, multi-unit property to your portfolio book your private showing today! (id:38174)

Property Details

MLS® Number 2123325
Property Type Multi-family
Equipment Type Furnace, Water Heater
Rental Equipment Type Furnace, Water Heater
Storage Type Storage In Basement, Storage Shed

Building

Basement Type Full
Exterior Finish Brick, Vinyl Siding
Heating Type Forced Air, Baseboard Heaters
Utility Water Municipal Water

Parking

Gravel

Land

Acreage No
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Description R2-3

https://www.realtor.ca/real-estate/28573097/387-389-antwerp-avenue-sudbury

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Lake City Realty Ltd. Brokerage
63 Walford Rd #5
Sudbury, Ontario P3E 2H2

(705) 222-2489

Lake City Realty Ltd. Brokerage
63 Walford Rd #5
Sudbury, Ontario P3E 2H2

(705) 222-2489

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