For Sale: 1273-1277 Will Street, Greater Sudbury, ON - REW
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$899,900
0 bd • ba • 1500 - 1999 sf • Multifamily
1273-1277 Will Street
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$899,900
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1273 & 1277 Will StreetGreater Sudbury, ON, P3A 4L5

  • 0 Bed
  • Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

Rare 5-unit investment opportunity in a prime New Sudbury neighbourhood! This unique property features a triplex with an in-law suite plus a completely separate 1-bedroom standalone home on the same lot, offering a total of 5 units. The main building consists of one 2-bedroom unit and three 1-bedroom units, while the detached home provides an additional 1-bedroom living space. The unique configuration offers exceptional flexibility for investors or owner-occupiers, with the option to live in the standalone home while generating rental income from the other four units, or rent all five units as an income-producing investment. There is plenty of potential to increase rental income over time through improved rents and continued management of the property. The detached home is particularly appealing to tenants looking for the privacy and independence of their own house without the typically higher cost of a standalone property. For those looking toward the future, the standalone home's location on the lot may also present potential for redevelopment or the addition of further multifamily housing, subject to municipal approvals, zoning, severance requirements and other applicable regulations. Buyers are encouraged to conduct their own due diligence with the City regarding any proposed redevelopment. The current owner has completed substantial upkeep and maintenance over the years, making this a rare opportunity to acquire a versatile multi-unit property with multiple income streams and significant potential for future value-add opportunities. (id:63626)
Listed by: JAMES ROLLINS, Salesperson, RE/MAX SUDBURY INC., BROKERAGE

Home facts and features

Price details
List Price
$899,900
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
93 ft x 0 ft (132 ft²)
Depth
Frontage
93.0 feet
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
Forced air
Basement Details
Full
Features
Smoke Detectors
Agent details
Primary Agent
JAMES ROLLINS
Primary Broker
RE/MAX SUDBURY INC., BROKERAGE
Secondary Agent
CARTER ROLLINS
Secondary Broker
RE/MAX SUDBURY INC., BROKERAGE
Listing details
Days on REW
1 Day
MLS® Number
2129947
Source
Canadian Real Estate Association
Board
Sudbury Real Estate Board
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25 Years
Interest Rate
3.99%

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Property Insights

Jean-Éthier-Blais
  • Public
  • JK - 6
É Sép Saint-Dominique
  • Catholic
  • JK - 6
Cyril Varney Public School
  • Public
  • JK - 6
St Charles College
  • Catholic
  • 7 - 12
Holy Trinity School
  • Catholic
  • JK - 6
Churchill School
  • Public
  • JK - 8
Lasalle Secondary School
  • Public
  • 9 - 12
Westmount Avenue Public School
  • Public
  • JK - 5
Carl A Nesbitt Public School
  • Public
  • JK - 8
Ernie Checkeris Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
JAMES ROLLINS
Phone:
(705) 671-2222
Office:
705-671-2222
Salesperson
CARTER ROLLINS
Phone:
(705) 665-2314
Office:
705-671-2222
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