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850 Burton Avenue

Burton AveNorthern HeightsSudburyON, P3C 4L4

-
Beds
-
Baths
6000
Sq. Ft.
$1,149,000
List Price
850 Burton Avenue, Sudbury, ON - 1 of 3
850 Burton Avenue, Sudbury, ON - 2 of 3
850 Burton Avenue, Sudbury, ON - 3 of 3
145 days on market

Quick Summary

  • Six spacious two bedroom units
  • Central location near downtown
  • Paved parking lot for tenants
  • Common laundry room
  • New fire safety plan
  • Below market rents with upside
  • New roof and hot water boiler

This amazing two storey all brick six-plex stands ""head and shoulders"" above the rest. It boasts six spacious units, approximately 1,000 ft² each. All six suites are virtually identical in terms of size and layout and contain a kitchen, dining area, 4-piece bathroom, and two bedrooms. Special features include a storage shed in the... Show More

This amazing two storey all brick six-plex stands ""head and shoulders"" above the rest. It boasts six spacious units, approximately 1,000 ft² each. All six suites are virtually identical in terms of size and layout and contain a kitchen, dining area, 4-piece bathroom, and two bedrooms. Special features include a storage shed in the backyard, paved parking lot, six hydro meters, and a common laundry room. From a location standpoint, it is central to New Sudbury and downtown so it is always easy to rent. Sudbury's Fire Department carried out an inspection in 2023 at which time a New Fire Safety Plan was approved. Overall, a fantastic multi-unit investment opportunity priced at a fraction of the reproduction cost!!! . Rents are all well below market allowing for significant rent increases upon tenant turnover. Laundry Room $1,500 annually. Roof reshingled in 2015. Hot water “on demand “boiler replaced in 2017. (id:54626)

Property Details

Build

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

Heating & Cooling

Heating
Boiler, Hot Water
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
2114780
Last Updated
April 26, 2024
Brokerage
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (SOUTH END)
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