38 Days on Market

339 Elm St, Sudbury Remote Area, Ontario P3C 1V7

$800,000
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Townhouse
9 + 2
6
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$194/sqft

Days On Market38 days

Est. Mortgage$3,436/mth

Tax Amount (2023)$5,889/yr


Description

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.


Property Details

Style3-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size4,400 SqFt(100 x 44)
Parking Spaces6
MLS ®NumberX8154954
Community NameGreater Sudbury
Board NameTRREB

Features

Heating: Radiant

Features

Lot size: 4,400 SqFt

Parking

Garage spaces -

Garage type -

Other parking spaces 6

Total parking spaces 6


Property History

Now
Listed for$800,000
38 days on market
history photo preview10
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Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage
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