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339 Elm St

Elm StWest EndSudburyON, P3C 1V7

11
Beds
6
Baths
4,500
Sq. Ft.
$800,000
List Price
339 Elm St, Sudbury, ON - 1 of 3
339 Elm St, Sudbury, ON - 2 of 3
339 Elm St, Sudbury, ON - 3 of 3
40 days on market

Quick Summary

  • Impressive legal 4 plex with 6 total units
  • Represents 8 percent cap rate
  • 5 two bedroom units of 750 square feet
  • 1 bachelor unit
  • 6 parking spots in back
  • 3 separate entrances
  • Most of roof replaced in 2023
  • Newer coin laundry machines

Welcome to 339 Elm St Sudbury. This is an impressive legal 4 plex building with 6 total units, 6 total hydro meters. This money-making building currently represents an roughly 8% cap rate! 5 Two bedroom units around 750 Square feet each all identical with many upgrades. 1 bachelor unit. It has 6 parking spots in the back, 3 separate... Show More

Welcome to 339 Elm St Sudbury. This is an impressive legal 4 plex building with 6 total units, 6 total hydro meters. This money-making building currently represents an roughly 8% cap rate! 5 Two bedroom units around 750 Square feet each all identical with many upgrades. 1 bachelor unit. It has 6 parking spots in the back, 3 separate entrances into the building. Most of the roof was replaced in 2023, and unit 2 and unit 1 have extensive modern upgrades. Newer coin operated laundry machines for additional income. See financials for the full breakdown of income and expenses. See city zoning review from 2022 attached that the city acknowledges 5 units, for potential rezoning in the future. (id:54626)

Property Details

Size

4,500 sq. ft.
across 3 floors
11 Beds
6 Baths
6 Full

Parking

6 Parking Spaces
-

Lot

Size
527′11″ * 1200′
Acres
-

Build

Year Built
1940
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
-
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant heat
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40556613
Last Updated
April 2, 2024
Brokerage
RE/MAX Real Estate Centre Inc, Brokerage
Powered by: REALTOR.ca
Call us 800-591-0566

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