Space
Finished area and layout
- Square Feet
- 2,500-3,000 sqft
+30 more
2,500-3,000 sqft
Square Feet
120 sqft
Lot
Property Snapshot
Key details for this listing
MLS #2130990
Property
Type, style and structure
- Type
- other
- Style
- other / Detached
- Ownership
- Freehold
- Stories
- 2
Lot
Land, frontage and setting
About This Property
This other in Sudbury offers 2,500-3,000 sqft of square feet on a 120 sqft lot. 2 storeys. The property has lot dimensions of 120. The home features boiler, hot water heating.
MLS Remarks
Exceptional investment opportunity in the highly desirable Minnow Lake neighbourhood! This well-maintained fourplex with an additional one-bedroom in-law suite offers investors a rare combination of strong income potential, extensive capital improvements, and long-term value. Ideally situated close to shopping, public transit, schools, restaurants, and other everyday amenities, this property continues to attract quality tenants in a high-demand rental market. Pride of ownership is evident throughout, with numerous recent updates that minimize future maintenance and enhance tenant appeal. Over the past several years, multiple units have been renovated, including modern kitchen upgrades, new waterproof luxury vinyl plank flooring, refreshed bathrooms, updated Slant/Fin radiator heating, fresh paint, and numerous interior improvements. The building has also benefited from significant mechanical upgrades, including improvements to the boiler heating system, updated electrical panels with separate hydro meters for each unit, newer windows, and a recently updated coin-operated laundry facility. Ample on-site parking adds further convenience for tenants, while the property's R1-5 LNC (Legal Non-Conforming) zoning provides a proven, established multi-family investment. Whether you're looking to expand an existing portfolio or acquire a turnkey income property with documented improvements and excellent rental appeal, this is an outstanding opportunity to own a quality asset in one of Greater Sudbury's most sought-after neighbourhoods. (id:60351)
Full Listing Details
Address2005 Richard Street
MLS#2130990
Listing StatusActive
Property TypeOther
TransactionSale
Days on Market7
Common InterestFreehold
Parking TypeGravel
StyleDetached
Square Feet2,500-3,000 sqft
Stories2
CitySudbury
ProvinceOntario
Postal CodeP3B1Y1
Lot Size120 sqft
Lot Dimensions120
Frontage73.0 feet
Road SurfacePaved road
Zoning DetailsR1-5
Parking FeaturesGravel
HeatingBoiler, Hot Water
RoofAsphalt shingle, Unknown
FoundationBlock
ExteriorStucco
SecuritySmoke Detectors
SewerMunicipal sewage system
Water SourceMunicipal water
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