Located in Sudbury’s West End, 642–646 St. Clair Street offers a 9-unit multi-residential investment with immediate income and clear value-add upside. The property consists of four 1-bedroom units, two 1-bedroom + den units, one 2-bedroom unit, and two bachelor apartments. Each unit is separately metered for hydro with individual panels, plus a dedicated common-area meter potentially minimizing owner expenses and simplifying management. The building features four separate entrances, supporting tenant privacy and operational efficiency. Heat is provided by a gas boiler installed in 2023, offering reliable and cost-effective performance. Five units have been renovated, while remaining units present an opportunity for further rent optimization through cosmetic updates. Additional upside includes a detached garage with electric heat currently unused by tenants and suitable for additional rental income or storage revenue. Shared laundry consists of one card-operated washer and dryer on site. The property is well-located with strong tenant demand, close to transit, amenities, and employment. With stable occupancy and multiple avenues for revenue growth, 642–646 St. Clair Street is well-suited for investors seeking day-one cash flow with long-term upside. (id:38174)
| MLS® Number | 2126399 |
| Property Type | Multi-family |
| Equipment Type | None |
| Rental Equipment Type | None |
| Road Type | Paved Road |
| Basement Type | Unknown |
| Exterior Finish | Brick |
| Fire Protection | Fire Alarm System |
| Flooring Type | Tile, Vinyl, Other, Carpeted |
| Foundation Type | Concrete |
| Heating Type | Boiler |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Utility Water | Municipal Water |
| 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/29365925/642-646-st-clair-street-sudbury
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