About 332 Burton Avenue
Excellent investment opportunity in a high-demand rental area. This purpose-built 4-plex, constructed in 1994, offers strong and stable income with four self-contained units, each featuring private entrances and separate hydro meters. The building consists of one 2-bedroom unit renting for $970 per month and three 1-bedroom units renting for $835, $1,400, and $1,250 per month, plus an additional $200 per month from coin-operated laundry. The property generates a total monthly income of $4,655, providing positive cash flow with a 25% down payment. Well-maintained and located in an area with consistent tenant demand and low vacancy, this property is ideal for investors seeking a clean, reliable, and turn-key multi-residential asset. 332 Burton represents a rare opportunity to acquire a modern, income-producing building with proven financial performance (id:6289)
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Features of 332 Burton Avenue
| Listing # | 2126461 |
|---|---|
| Price | $589,900 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Type | Multi-family |
| Sub-Type | Freehold |
Community Information
| Address | 332 Burton Avenue |
|---|---|
| City | Sudbury |
| Province | Ontario |
| Postal Code | P3C4K5 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | Brick, Vinyl siding |
|---|---|
| Roof | Asphalt shingle |
| Foundation | Block |
Listing Details
| Office | ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE |
|---|
