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$ 429,999
Est. payment /mo
Active
1344 REGENT Street Sudbury, ON P3E3Z3
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2124481
Property Sub-Type Freehold
Source Sudbury Real Estate Board
Property Description
Excellent investment opportunity in Sudbury's highly desirable south end on Regent Street, one of the busiest and most visible locations in the city. This property features a building with two separate units, making it ideal for both investors and first-time homebuyers. The top-floor apartment is currently rented at $1,600 per month, all inclusive, while the basement unit is vacant and could be rented out at approximately $1,200 per month. Together, these units provide a solid rental income that can help cover mortgage costs and other expenses. The property sits on an extra-deep lot with C3 zoning, opening up a wide range of future development or commercial opportunities. The house itself is a spacious structure that can be renovated to suit your needs, although it does require some TLC. For first-time homebuyers, this property offers the perfect opportunity to live in one unit and generate rental income from the other as a mortgage helper, making homeownership more attainable. Located in a high-traffic area with excellent visibility, this property is a rare find with versatile potential. Whether you're looking for an investment, a live-in option with rental income, or future development possibilities, this property is definitely worth a closer look. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Flooring Vinyl
Exterior
Parking Features No
Fence Fence
View Y/N No
Roof Type Unknown
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)
