REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,249,900
Est. payment /mo
Price Dropped by $45K
642-646 St Clair Street Sudbury, ON P3E4G8
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2125458
Property Sub-Type Freehold
Source Sudbury Real Estate Board
Property Description
Discover this exceptional multi-residential property offering 9 units in total at 642–646 St. Clair Street Sudbury. Four 1-bedroom units, two 1-bedroom + den, one 2-bedroom unit, and two bachelor apartments. Each unit is equipped with separate hydro meters and panels, along with an additional meter for the common area. The property also features four separate entrances for tenant convenience and privacy. The building is heated by a gas boiler installed in 2023, ensuring efficient operation. Five of the units have been recently renovated, leaving opportunity for further rent roll increases and enhanced returns on investment. A detached garage with electric heat and its own panel is currently not used by tenants, providing additional income potential. Shared amenities include one card-operated washer and dryer serving the property. Perfectly positioned in the heart of Sudbury's West End, this property offers excellent accessibility, and proximity to key amenities. With strong current occupancy, stable income, and room for value-add improvements, 642–646 St. Clair Street presents a compelling opportunity for investors seeking both immediate cash flow and long-term growth potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Boiler
Flooring Tile, Vinyl, Other, Carpeted
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
GET MORE INFORMATION