767 Burton St

For Sale New 9 hours
$699,000
beds
baths

767 Burton St

For Sale New 9 hours
$699,000
beds
baths

Highlights

Key insights

Description

Excellent opportunity to own a well-situated 4 unit property in the heart of Sudbury. This building features four spacious units, a main floor 3-bedroom unit (vacant end of September), a second floor 3- bedroom unit rented at 1,500 per month plus hydro which has the added feature of in unit washer and dryer, a 1-bedroom ground floor unit rented at 650.00 plus hydro with separate entrance of the backyard and a second 1-bedroom unit rented at 700.00 per month plus hydro on the ground floor. Each unit is designed for comfortable living and strong rental potential. The main floor 3-bedroom unit will be vacant, providing a great opportunity for owner occupancy or to set your own rent at current market rates. The property includes parking for each unit and 2 sheds for the tenants to use. The retaining wall has been re-done in 2023, Shingles 10 years, most windows have been updated and many new exterior doors as well. Situated close to schools, parks, shopping, and public transit, this property offers both convenience and long-term tenant appeal. Whether you’re a seasoned investor or just entering the multi-family market, this property checks all the boxes for steady income and long-term value. The main floor and second level apartment also feature a nice balcony space for outdoor use. 5 separate hydro metres, one for each unit as well as a house meter. Convenient coin-op laundry This quality building is located in a mature neighbourhood with great tenants. Don’t miss your chance to own a turnkey rental property. Sitting at just over a 6% cap with room for improvement this building will be a great addition to your current portfolio or a solid first time investment. (id:63267)

KIM KUSNIERCZYK of ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE,
#2124609
updated 9 hours ago.
Houseful checked MLS® for data 9 hours ago.

Home overview

Amenities / Utilities
  • Heat type
    Baseboard heaters
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    2
  • Roof
    Unknown
Interior
  • Flooring
    Laminate, tile, carpeted
Location
  • Directions
    1523432
Overview
  • Lot size (acres)
    0.0
  • Listing #
    2124609
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28840484/767-burton-street-sudbury
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,864

/ Month
25 Years fixed, 20% down payment, % interest
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