221 Nolin St

FOR SALE
$799,900
Expired
$0
221 Nolin St, Sudbury Remote Area
221 Nolin St
221 Nolin St
221 Nolin St
221 Nolin St
8
BEDROOMS
6
BATHROOMS
6
KITCHENS
12
ROOMS
X5510141
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-02-22 2022-07-28 156 $799,900 - Expired
2021-04-15 2021-06-03 49 $599,900 - Terminated
2021-03-01 2021-04-07 37 $649,900 - Terminated
Property Description
Welcome To 221 Nolin Where You Will Find A Well Maintained 6-Plex. This Building Consists Of 5 One Bedroom Units And 1 Three Bedroom Unit. As A Bonus, There Are Three Of The 1 Bedroom Units Have Balconies. Shingles Were Approximately Done In 2015, And The Dual Furnace System Approximately 2010. This Fully Tenanted Property Is In A Great Location With A Great Parking Area For The Tenants.
Property Details
Street
Property Type
Multiplex, 2-Storey
Lot Size
50' x 115'
Acreage
< .50
Fronting
North
Taxes
$4,841 (2021)
Basement
Full, Part Fin
Exterior
Concrete
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Other
Garage Type
None
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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.
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