257 Oak Street
Sudbury, Ontario P3C 1N1
$
765000.00
mls number:
2128100
bed
bath
ft2
acres
Multi-family
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Property Details
Listing 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. (id:39198)
Summary
Property type
Multi-family
built in
square footage
sqft
annual property taxes
community name
parking type
Not in CMS
land size
acres
time on market
Not in CMS

Interior Features

Basement type Full

Flooring Laminate, Linoleum, Vinyl

Building Features

Stories 2

Foundation type Block

Roof Asphalt shingle

Heating & Cooling

Heating type Boiler

Exterior Features

Exterior finish Brick, Aluminum siding

Utilities

Sewer Municipal sewage system

Water Municipal water

Parking

Parking type Gravel

Listing Description
Listing Description

Lot Features

Frontage 50 ft

Other Property Information

Zoning R2-3

Data provided by: Sault Ste. Marie Real Estate Board
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Floor Plan
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