24 Fairview Avenue, Sudbury, Ontario

$499,999

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About 24 Fairview Avenue

Unlock premium investment potential with this exceptional, low-maintenance fourplex featuring four unique 1-bedroom loft-style units that command high demand. Each unit boasts architectural character with cottage-style beam ceilings, a spacious 6’ x 12’ private balcony, and the comfort of gas fireplaces, all supported by durable steel beam construction. Tenants enjoy the ultimate convenience of secure, under-building parking with individual plug-ins, contributing to an impressive track record of near-zero vacancy. While currently operated as an ""all-in"" model, the building is already fully equipped with separate gas and electric meters, offering an immediate, turnkey opportunity for a new owner to transition to tenant-paid utilities and significantly boost the property’s cap rate. Shingles were just updated in 2023! (id:6289)

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Features of 24 Fairview Avenue

Listing # 2129311
Price $499,999
Type Multi-family
Sub-Type Freehold

Community Information

Address 24 Fairview Avenue
City Sudbury
Province Ontario
Postal Code P3B2N1

Amenities

Parking Covered, Visitor Parking
Garages Covered, Visitor Parking
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters, Other
Fireplace No
# of Stories 2
Has Basement No
Basement None

Exterior

Exterior Vinyl siding
Lot Description IRR
Roof Asphalt shingle, Unknown

Listing Details

OfficeROYAL LEPAGE REALTY TEAM BROKERAGE

Listing Map

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