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240 St. Charles Street

St Charles St, Flour Mill, Sudbury, ON, P3C 2Z2

-
Beds
-
Baths
$399,000
List Price
Details
Photos
18
Comparables
History
240 St. Charles Street, Sudbury, ON - 1 of 3
240 St. Charles Street, Sudbury, ON - 2 of 3
240 St. Charles Street, Sudbury, ON - 3 of 3
New
18 days on market

Quick Summary

  • Spacious triplex property with multiple units
  • Newly renovated roof, furnace, and electrical
  • Detached double garage with paved parking
  • Newly fenced in yard for added privacy
  • Renovated units with separate entrances
  • Excellent rental area with high potential
  • Units currently rented below market value
  • Potential for high capitalization rate

Fantastic opportunity in this large maintenance free TRIPLEX. This solid building has had many new renovations and is in an excellent rental area!!! The driveway leads to a paved parking area in front of a 22 x 24 detached double garage. Renovations include a new roof in 2020 on both the house and garage, new high-efficiency gas furnace... Show More

Fantastic opportunity in this large maintenance free TRIPLEX. This solid building has had many new renovations and is in an excellent rental area!!! The driveway leads to a paved parking area in front of a 22 x 24 detached double garage. Renovations include a new roof in 2020 on both the house and garage, new high-efficiency gas furnace in 2016, newly fenced in yard, up-grade electrical service to 200amp breaker panel approximately 12 years ago, up-dated windows and each unit has been renovated over the last 10 years. The main floor is a huge 3-bedroom unit with a full basement that is over 6 feet high. The second floor contains two large 1- bedroom units that are mirror images of each other and both have separate entrances at the front and back of the building. There is immense potential in this property as all of the units are currently rented at far below market value! The Cap-Rate could easily exceed 10% at the listed price if at full market rent! Book your viewing appointment today!! This one won't last long!!! (id:54626)

Property Details

Parking

Detached Garage

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Vinyl siding
Foundation
Block, Poured Concrete
Builder Name
-
Stories
2
Flooring
Laminate
Roof
Asphalt shingle

Heating & Cooling

Heating
Forced air, High-Efficiency Furnace
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
2116271
Last Updated
May 10, 2024
Brokerage
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
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