381 LESLIE Street, Sudbury, Ontario, P3B2T4

Property Description

An outstanding investment opportunity at 381 Leslie Street, this 9-plex offers immediate cash flow with significant upside potential. This well-maintained building features 2 one-bedroom units, 3 two-bedroom units, 2 three-bedroom units, and 2 bachelor suites, providing a diverse mix that appeals to a wide tenant base. With three vacant units, investors can set market rents and handpick tenants right away. The property is efficiently heated with gas, while each tenant enjoys separate hydro meters and pays their own electricity. Additional highlights include on-site parking and a convenient location close to schools, shopping, transit, and major routes. With strong rental history, low vacancy rates, and excellent potential for increased income through updates and rent adjustments, this 9-plex is a smart addition to any growing portfolio. (id:64974)

Quick Facts

• Property Type: Multi-family
• Bedrooms: 14
• Bathrooms: 9
• Living Area: 5,995 sq ft (557.0 m²)
• Above Grade: 4,796 sq ft (445.6 m²)
• Below Grade: 1,199 sq ft (111.4 m²)
• Ownership: Freehold
• Parking: 12 spaces (Open)
• Lot Size: 0.2290 acres (0.09 ha)
• Frontage: 100 ft (30.5 m)

Costs

• Annual Taxes: $18,375.55

Listing Provided by: Royal LePage Burloak Real Estate Services
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.