DISCOVER THE ULTIMATE INVESTMENT PROPERTY IN SUDBURY - PERFECT FOR GENERATING PASSIVE INCOME!
Asking Price: $599,000
About 608 Pine Street:
Looking for the perfect investment property in a prime location? Look no further than this multi-family property in Sudbury, Ontario! Here are just a few of the highlights that make this property a must-see.
Location, Location, Location
Sudbury is a vibrant city located in the heart of Ontario, Canada. With a population of over 160,000, Sudbury is the largest city in Northern Ontario, and is home to a thriving business community, world-class educational institutions, and stunning natural beauty. Whether you're looking for a great place to live, work, or invest, Sudbury has something for everyone.
Multi-Family Property
This multi-family property is the perfect investment opportunity for anyone looking to generate passive income. With multiple units, you'll have the ability to earn rental income from multiple sources, making it easier to cover your expenses and generate a healthy return on investment.
Land Size
With a land size of 4,051 - 7,250 sqft, this property has plenty of room for your tenants to spread out and enjoy outdoor activities. Whether they're playing catch in the backyard or enjoying a barbecue with friends and family, your tenants will love the space and freedom that this property provides.
Interior Features
Inside the property, you'll find a full basement that provides plenty of extra living space and storage. Whether you're looking to convert the basement into additional living units or simply use it for storage, the possibilities are endless.
Building Features
One of the key features of this property is its rental equipment, which includes a water heater powered by natural gas. This means that your tenants will enjoy reliable hot water on demand, and you won't have to worry about the hassle and expense of replacing an old or malfunctioning water heater.
Heating & Cooling
Another great feature of this property is its heating and cooling system, which includes a boiler and forced air system. This means that your tenants will enjoy comfortable temperatures year-round, and you won't have to worry about the hassle and expense of maintaining an outdated heating or cooling system.
Utilities
This property is connected to the municipal sewer and water systems, which means that you won't have to worry about the hassle and expense of maintaining a septic system or well. This also ensures that your tenants will enjoy reliable access to clean water and waste disposal services.
Exterior Features
The exterior of this property is finished with beautiful brick, which not only looks great but also provides excellent durability and low maintenance. The roof is covered with asphalt shingles, which are a popular and affordable choice for residential roofs.
Neighbourhood Features
Located in a quiet, family-friendly neighbourhood, this property is just a short walk or drive from a variety of amenities, including parks, playgrounds, public transit, and schools. Whether your tenants are young families, students, or professionals, they'll love the convenience and accessibility that this location provides.
Zoning Description
This property is zoned R2-2, which means that it's designated for multi-family residential use. This makes it the perfect investment opportunity for anyone looking to generate rental income or build a portfolio of investment properties.
In conclusion, this multi-family property in Sudbury, Ontario is an excellent investment opportunity that offers a range of features and benefits. From its prime location to its spacious land size, reliable rental equipment, and convenient amenities, this property has everything you need to generate passive income and build a successful investment portfolio. So why wait? Contact us today to schedule a viewing and see this amazing property for yourself!
This property also matches your preferences:
Features of Property
Multi-family
4,051 - 7,250 sqft
This property might also be to your liking:
Features of Building
Full
Water Heater - Gas
Boiler, Forced air
Municipal sewage system
Municipal water
Unknown (Asphalt shingle)
Brick
Park, Playground, Public Transit, Schools
Plot Details
R2-2
Property Agent
AMANDA MAHAFFY
MALLETTE-GORING INC., BROKERAGE
128 Pine Street, Suite 300, SUDBURY, Ontario P3C1X3