257 Oak Street, SUDBURY

2026-05-28
 

Quick Summary

Location
257 Oak Street, SUDBURY, Ontario P3C1N1
Price
$775,000 CAD
Status:
For Sale
Property Type:
Multi-family

MLS®#2128100

Property Description

This solid 4-plex located at 257 Oak Street features four spacious 2-bedroom units, all currently tenanted on plus-hydro leases with reliable tenants in place. The property includes an attached rear-access garage already generating storage income, along with three brand new basement storage units ready to rent as additional revenue streams. The roof was fully replaced in 2022, and the building runs on a gas boiler with a full-height walk-out basement. With all appliances included, the property is turn-key for the next owner. Located in a downtown-adjacent pocket of Sudbury, walking distance to the core and transit at the door, tenant demand on this street has remained consistently strong. Generating $90,000 in annual gross revenue with an NOI of $65,000 and a cap rate over 8%, this is a strong-performing investment opportunity with built-in upside. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Hospital, Playground, Public Transit, Schools

Building

  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Fireplace: No
  • Flooring Type: Laminate, Linoleum, Vinyl
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Storage Type

  • Storage Type: Storage in Basement

Zoning

  • Description: R2-3

Information entered by SUTTON-BENCHMARK REALTY INC., BROKERAGE
Listing information last updated on: 2026-06-10 17:04:28


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$500,000

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