257 Oak Street
Sudbury, Ontario
MLS® 2128100
$765,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 2128100
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 48Listing description
This solid 4-plex located at 257 Oak Street features four spacious 2-bedroom units, TWO CURRENTLY VACANT and two tenanted on plus-hydro leases with reliable tenants in place. The property includes an attached rear-access garage already generating storage income, along with three brand new basement storage units ready to rent as additional revenue streams. The roof was fully replaced in 2022, and the building runs on a gas boiler with a full-height walk-out basement.
With all appliances included, the property is turn-key for the next owner. Located in a downtown-adjacent pocket of Sudbury, walking distance to the core and transit at the door, tenant demand on this street has remained consistently strong. Generating $90,000 in annual gross revenue with an NOI of $69,000, this is a strong-performing investment opportunity with built-in upside.
Property summary
- MLS® number
- 2128100
- Property type
- Multi-family
- Title
- Freehold
- Land size
- 117
- Parking
- Gravel
- Days on market
- 113 days
Features & details
- Heating
- Boiler
- Basement
- Full
- Flooring
- Laminate, Linoleum, Vinyl
- Exterior features
- Brick, Aluminum siding
What would this home cost you?
Based on the $765,000 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 SUTTON-BENCHMARK REALTY INC., BROKERAGE, SUDBURY.
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.