PRIME SOUTH END INVESTMENT OPPORTUNITY 12-Unit Apartment Building on Approximately 1 Acre First Time Ever Offered for Sale — Pride of Ownership from Day One ! An exceptional opportunity to acquire a 12-unit apartment building in a prime South End location, situated on approximately one acre of land and offered for sale by the original owner/builder. This all-brick, meticulously constructed building features 10 large two-bedroom units, 2 bachelor units. All two-bedroom apartments offer the same efficient layout, providing consistency and ease of management. QUALITY CONSTRUCTION & UPDATES - Built with long-term durability in mind, this property showcases quality construction throughout, including:All-brick exterior construction,2-inch styrofoam insulation installed beneath the brick, glued and sealed at every seam concrete block and concrete construction throughout, Quality plaster interior walls,Durable terrazo flooring,Secure building entrance,Fire protection system, On-site laundry facility. Windows replaced throughout in 2024–2025, Shingles replaced approximately 2017. The property currently operates with all-inclusive rents, providing a straightforward rental structure for the existing tenant base. Importantly, there are 12 separate hydro meters, offering a future owner the flexibility to change the rental structure for new tenants, subject to applicable requirements. The property is zoned R3-1 This creates the potential to explore additional multifamily buildings on the existing property. Conveniently located within walking distance of shopping, services, schools, restaurants and other everyday amenities. A dedicated turning lane provides safe and convenient road access from Regent Street, adding further appeal for both residents and future development. Contact us today for additional information and to arrange a private viewing. (id:38174)
| MLS® Number | 2129836 |
| Property Type | Multi-family |
| Amenities Near By | Golf Course, Hospital, Schools, Shopping |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Storage Type | Storage In Basement |
| Basement Type | Full |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Controlled Entry, Fire Alarm System, Smoke Detectors |
| Flooring Type | Concrete, Laminate, Tile |
| Foundation Type | Block |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 3 |
| Size Interior | 5,000 - 10,000 Sqft |
| Utility Water | Municipal Water |
| Gravel | |
| Visitor Parking |
| Acreage | Yes |
| Land Amenities | Golf Course, Hospital, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 68 Ft |
| Size Irregular | 730 ' & 760' |
| Size Total Text | 730 ' & 760'|1 - 3 Acres |
| Zoning Description | R3-1 |
https://www.realtor.ca/real-estate/30218265/1492-regent-street-greater-sudbury
Contact us for more information
(705) 586-3334
www.realtyexecutivessudbury.ca/
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