Income today with room to add value at 422 King Street / 499 Percy Avenue. This property features a triplex and a separate one-bedroom single-family home, offering options for investors, renovation buyers and those looking to owner-occupy. The triplex currently generates an 11.37% cap rate, with a two-bedroom unit becoming vacant October 31, 2026—an opportunity to move in while collecting rental income from the other units. The single-family home is ready for renovation, providing potential for a BRRR investor to improve the home, increase rental income and build overall property value. A versatile investment with existing income, upcoming vacancy and a clear opportunity to make improvements. (id:38174)
| MLS® Number | 2131121 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools, Shopping |
| Equipment Type | None |
| Rental Equipment Type | None |
| Storage Type | Storage In Basement |
| Basement Type | Full |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Laminate |
| Heating Type | Forced Air, High-efficiency Furnace |
| Roof Material | Asphalt Shingle |
| Roof Style | Flat |
| Utility Water | Municipal Water |
| Gravel |
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 40 Ft |
| Size Total Text | 4,051 - 7,250 Sqft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/30461272/422-king-street-499-percy-avenue-sudbury
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(705) 586-3334
www.realtyexecutivessudbury.ca/
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