339 QUEEN STREET
Sudbury Remote Area, Ontario
MLS® X12823652
$649,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X12823652
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 26Listing description
Excellent Investment Opportunity in a High-Demand Rental Area. Turn-key 4-plex offering strong, stable income with four self-contained units, each featuring private entrances and separately metered hydro. Each unit has its own laundary.
The building consists of:One 3-bedroom main floor unit (newly renovated) - currently vacant, previously rented for $2,400/month. Includes basement access offering ample storage space. Two 2-bedroom units - currently rented at $1,050/month and $827.
35/month. One 1-bedroom unit - currently rented at $1,280/month. With a 20% down payment, this property generates positive cash flow and offers significant upside potential through future rent optimization.
Well-maintained and located in a high-demand rental area with consistent tenant demand and low vacancy rates, this is an ideal opportunity for investors seeking a clean, reliable, income-producing multi-residential asset.
Property summary
- MLS® number
- X12823652
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 40 x 115 FT
- Annual property taxes
- $5,278.00
- Parking
- 4 spaces · No Garage
- Days on market
- 181 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- Window air conditioner
- Basement
- Unfinished, N/A
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $649,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.