257 Oak Street, Greater Sudbury, ON
Description
Property Highlights
Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of Sudbury. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $775,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 50 x 116 ft lot
- Features a ["separate entrance", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, Storage Area Lockers, Separate Hydro Meter
- equipped with ["none"] central cooling and highly efficient water heating via gas
This solid 4-plex located at 257 Oak Street features four spacious 2-bedroom units, all currently tenanted on plus-hydro leases with reliable tenants in place. The property includes an attached rear-access garage already generatingstorage income, along with three brand new basement storage units ready to rent as additional revenue streams.The roof was fully replaced in 2022, and the building runs on a gas boiler with a full-height walk-out basement. Withall appliances included, the property is turn-key for the next owner. Located in a downtown-adjacent pocket ofSudbury, walking distance to the core and transit at the door, tenant demand on this street has remainedconsistently strong. Generating almost $90,000 in annu**INTERBOARD LISTING: SUDBURY REAL ESTATE BOARD**al gross revenue with an NOI of nearly $70,000 and a caprate over 8.5%, this is a strong-performing investment opportunity with built-in upside.
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Parking & Garage
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Interior Features
Carpet Free, Storage Area Lockers, Separate Hydro Meter
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 257 Oak Street, Greater Sudbury, ON P3C 1N1
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Properties in this area are selling at a steady pace.
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