Primary photo of 302 Cedar Street, Sudbury
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Multi-family For Sale

$599,900

302 Cedar Street

MLS® Number: 2126446

About This Property

Cedar Street - Exceptional Investment Opportunity! This is the one you’ve been waiting for — a high-potential property offering great value and strong future upside. Featuring 5 spacious units: Two 2-bedroom units,Two 1-bedroom units and One 1-bedroom + den unit. Located in a prime central location adjacent to a business district and within walking distance to all amenities, this architecturally appealing building is a solid addition to any portfolio. The property boasts: A large, paved driveway; Attached garage, ample rear parking with lane access and a private rear patio space for tenant enjoyment. Recent upgrades include new shingles, eavestroughs, soffits, and fascia — reducing your maintenance concerns. Plus, there’s potential to generate extra income by renting out unused parking spaces. This is a phenomenal investment opportunity with room to grow. Don’t wait — properties like this don’t last long! Additional rent could be easily be obtained if garage and back entrance and laundry room could be very easily converted and rented to a commercial business allowing great exposure so a huge sign could be placed on the side of the garage facing Brady Streeet. Plenty of parking in front of garage - room for four cars.

Property Details

Interior Details

Basement

Full

Heating

Baseboard heaters

Building & Exterior

Foundation Details

Stone, Concrete

Parking Features

Attached Garage

Stories

3.0

Land & Location

Postal Code

P3B1M7

Listing & Financials

Listing Office

RE/MAX SUDBURY INC., BROKERAGE

Originating System Name

Sudbury Real Estate Board

Other Specifications

Country

Canada

Security Features

Alarm system

Mortgage Calculator

20% ($119,980)
5.5%
25 Years

Estimated Monthly Payment

$2,947

Principal and interest only. Actual rates may vary.

Location & Map

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List Property302 Cedar Street - Multi-family for Sale in Sudbury, Ontario | MLS® 2126446