339 Elm St
Sudbury Remote Area, P3C 1V7
FOR SALE
$800,000
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9 + 2
BEDROOMS6
BATHROOMS6
KITCHENS22
ROOMSX8154954
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Property Description
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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Property Details
Street
Property Type
Multiplex, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
44' x 100'
Fronting
East
Taxes
$5,889 (2023)
Basement
None
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
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Listing contracted with Re/Max Real Estate Centre Inc.
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