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305 Oak Street Sudbury, Ontario P3C 1N1

None Forced Air, High-Efficiency Furnace

$525,000

Great investment property in the West End, close to all amenities, bus route and schools! This building is a legal duplex plus two self-contained units. Main and upper levels have a spacious 2-bedroom apartment with balconies and separate meters. The lower level has two 1-bedroom apartments without a stove. Gross income of over $62,000 per year with a 8.22% cap rate. Very low maintenance building and property. Appealing location that is steps away from Sudbury’s popular Queen’s Athletic Field and the Indoor Tennis Centre. Updates include the furnace (2024), refinished stucco and new vinyl siding (2016) and updated 200 amp panel with ESA certificate (2012). Fully tenanted with great market rents! (id:38174)

Property Details

MLS® Number 2116222
Property Type Multi-family
Amenities Near By Park, Playground, Public Transit
Equipment Type Furnace, Water Heater - Gas
Rental Equipment Type Furnace, Water Heater - Gas

Building

Basement Type Full
Cooling Type None
Exterior Finish Stucco, Vinyl Siding
Fire Protection Smoke Detectors
Flooring Type Laminate, Tile, Vinyl
Foundation Type Block
Heating Type Forced Air, High-efficiency Furnace
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Utility Water Municipal Water

Parking

Gravel

Land

Access Type Year-round Access
Acreage No
Land Amenities Park, Playground, Public Transit
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Description R2-3

https://www.realtor.ca/real-estate/26788845/305-oak-street-sudbury

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RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)
1349 Lasalle Blvd Suite 208
Sudbury, Ontario P3A 1Z2

(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca/

RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)
1349 Lasalle Blvd Suite 208
Sudbury, Ontario P3A 1Z2

(705) 560-5650
(800) 601-8601
(705) 560-9492
www.remaxcrown.ca/

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