254 Mountain Street, Greater Sudbury | Image 1

254 Mountain Street

Greater Sudbury, Remote Area

  • Commercial

$400,000
For Sale

Added 3 days ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R2-3

  • Age: 51-99 years

  • Taxes: 3920

  • MLS®#: X9351055

  • Added: Sep 16, 2024 (3 days ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: CENTURY 21 HERITAGE GROUP LTD.

Cash Flowing, Full Rented, 4 Unit- Detached Building, Maintenance Free, R2-3 Zoning. Each unit with separate entrances/door, Loads of parking and room for a garage at the rear. Gas forced Air Heat, Upgraded electrical, New Roof (2016), Front Deck and common area/foyer. Gross Rent $3100 with 3 long term tenants, Potential Rent $45k. 30 Hr Notice required for viewings, Weekend viewings after 10:00am. Deposit Min. $7k. Turn Key Property, all 1 Bedrm Units, Market rent $1k+ per month ($3800/mth), Seller willing to hold VTB Current Cap Rate over 6%, Fully unfurnished large basement available pot. Rental.

Extras

30 Hr Notice for Showings- Tenants, Only after 10:00am

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Net Income: 24000

  • Area: Greater Sudbury

  • Community: Remote Area

  • Availability Date: Immediately

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PCL 3639 SEC SES LOT 40, PLAN M55A

  • Taxes: $3,920

  • Expenses: Est

  • Insurance Fee: 2500

  • Hydro Expense: 3900

  • Heat Expenses: 3800

  • Taxes Type: Annual

  • Taxes: 3920

  • Tax Year: 2024

  • Water Fees: 1400

Land

  • Cross Street: WEST

  • Municipality District: Greater Sudbury

  • Parcel Number: 021320271

  • Sewer: Sanitary

  • Lot Depth: 97 Feet

  • Lot Frontage: 50 Feet

  • Zoning: R2-3

Commercial Specific

  • Rail: N

  • Sprinklers: Part

  • Total Area: 4811

  • Total Area Metric: Sq Ft

  • Office Size: 2800

  • Office Size Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: N

  • Gross Income/Sales: 37300

  • LLBO: N

Map of 254 Mountain Street, Greater Sudbury
JK-6

École publique Jeanne-Sauvé

Elementary: Public
1.17 km
JK-8

École séparée St-Joseph

Elementary: Catholic
1.07 km
7-8

Marymount Elementary Academy

Elementary: Catholic
1.00 km
JK-6

Queen Elizabeth II Public School

Elementary: Public
1.31 km
JK-8

Lansdowne Public School

Elementary: Public
1.61 km
JK-8

Alexander Public School

Elementary: Public
1.82 km
9-12

École Cap sur l'Avenir

Secondary: Public
1.11 km
9-12

Adult Day School

Secondary: Public
1.30 km
9-12

Marymount Academy Catholic School

Secondary: Catholic
1.00 km
9-12

École secondaire du Sacré-Coeur

Secondary: Catholic
0.52 km
9-12

Collège Notre-Dame

Secondary: Catholic
0.82 km
9-12

Sudbury Secondary School

Secondary: Public
1.27 km