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228-230 College, Sudbury, Ontario

228-230 College, Sudbury, Ontario (ID 2074347)

$489,900 - For Sale

ID#:2074347

An unbelievable business opportunity awaits! This century old "Uptown" home offers two spacious semi detached homes under one ownership, and spares no amount of charm and character. With classic red brick, original hardwood floors, and soaring 10 foot ceilings on the main floors of each unit, this is a home sure to impress. You are greeted by charming porches to both apartments leading to a foyer with classic hardwood handrails and vintage lighting fixtures. The vauted ceilings give a bright open and airy feel to the living room, kitchen and dining room areas. A walkout from the kitchen area leads to a massive private deck for each side backing a beautiful lot adorned by mature trees. Upstairs you will find 3 bedrooms of ample size, with an exceptionally large master bedroom with exposed brick walls and room for a separate sitting area. Both units are identical in nature and are currently rented out on a short term rental basis. With this arrangement, the 9+% cap rate this building provides is sure to satisfy any savvy investor. This property is a turn key operation and is being sold fully furnished! Everything you see stays including furniture, appliances, seasonal decor, and most of the supplies in the lower level. Contact the listing agent for a full chattels list. A great property to add to your investment portfolio, this is a rare opportunity and one not to miss. NOTE: Current tenants on both sides to be assumed until November 2019. Call today for more information on this truly exceptional building and fully established business.

Property Details
  • Property Address:228-230 College, Sudbury, Ontario
  • Property Type:Multi Family
  • Sewage Type:Municipal
Structure Details for 228-230 College, Sudbury, Ontario
  • Structure Type:Duplex
  • Sqft Above Grade:2854 SqFt
  • Square Footage:2854 SqFt
  • Heating Type:Baseboard Heaters, Forced Air, Natural Gas
  • Exterior Type:Brick
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228-230 College, Sudbury, Ontario

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