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:38174)
| MLS® Number | 2126234 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Public Transit |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Basement Type | Full |
| Flooring Type | Hardwood, Tile, Carpeted |
| Heating Type | Forced Air, Baseboard Heaters |
| Roof Material | Asphalt Shingle |
| Roof Style | Flat |
| Stories Total | 2 |
| Utility Water | Municipal Water |
| Attached Garage |
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit |
| Sewer | Municipal Sewage System |
| Size Total Text | 4,051 - 7,250 Sqft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/29296914/288-albinson-street-sudbury
Contact us for more information
(705) 688-0007
(705) 688-0082
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