Courtesy of: ALEXDUMAS, Salesperson, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (SOUTH END)
$1,149,000
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Multi-family
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$1,149,000
850 Burton Avenue This amazing two storey all brick six-plex stands ""head and shoulders"" above the rest. It boasts six spacious units, approximately 1, 000 ft² each. All six suites are virtually identical in terms of size and layout and contain a kitchen, dining area, 4-piece bathroom, and two bedrooms. Special features include a storage shed in the backyard, paved parking lot, six hydro meters, and a common laundry room. From a location standpoint, it is central to New Sudbury and downtown so it is always easy to rent. Sudbury's Fire Department carried out an inspection in 2023 at which time a New Fire Safety Plan was approved. Overall, a fantastic multi-unit investment opportunity priced at a fraction of the reproduction cost!!! . Rents are all well below market allowing for significant rent increases upon tenant turnover. Laundry Room $1, 500 annually. Roof reshingled in 2015. Hot water “on demand “boiler replaced in 2017. (id:203)