24 Fairview Avenue Sudbury, Ontario P3B 2N1

Other, Baseboard Heaters

$499,999

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:38174)

Property Details

MLS® Number 2129311
Property Type Multi-family
Road Type Paved Road

Building

Basement Type None
Exterior Finish Vinyl Siding
Heating Type Other, Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Utility Water Municipal Water

Parking

Covered
Visitor Parking

Land

Access Type Year-round Access
Acreage No
Sewer Municipal Sewage System
Size Total Text 4,051 - 7,250 Sqft
Zoning Description R2-3

https://www.realtor.ca/real-estate/30056788/24-fairview-avenue-sudbury

Contact Us

Contact us for more information

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Royal LePage Realty Team Brokerage
1107 Auger Ave
Sudbury, Ontario P3A 4B1

(705) 524-5600
www.rlteam.ca/

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