ON
Greater Sudbury
P3E 3Z6
1492 Regent Street St
1492 Regent Street St, Greater Sudbury, ON P3E 3Z6
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Listing Type
Multi Family
Listing Status
Active
47
$1,850,000

Home Details for 1492 Regent Street St

Price
$1,850,000
Type
Residential Income
Basement
Full
Listing #
2129836
Property Description

PRIME SOUTH END INVESTMENT OPPORTUNITY 12-Unit Apartment Building on Approximately 1 Acre First Time Ever Offered for Sale — Pride of Ownership from Day One ! An exceptional opportunity to acquire a 12-unit apartment building in a prime South End location, situated on approximately one acre of land and offered for sale by the original owner/builder. This all-brick, meticulously constructed building features 10 large two-bedroom units, 2 bachelor units. All two-bedroom apartments offer the same efficient layout, providing consistency and ease of management. QUALITY CONSTRUCTION & UPDATES - Built with long-term durability in mind, this property showcases quality construction throughout, including:All-brick exterior construction,2-inch styrofoam insulation installed beneath the brick, glued and sealed at every seam concrete block and concrete construction throughout, Quality plaster interior walls,Durable terrazo flooring,Secure building entrance,Fire protection system, On-site laundry facility. Windows replaced throughout in 2024–2025, Shingles replaced approximately 2017. The property currently operates with all-inclusive rents, providing a straightforward rental structure for the existing tenant base. Importantly, there are 12 separate hydro meters, offering a future owner the flexibility to change the rental structure for new tenants, subject to applicable requirements. The property is zoned R3-1 This creates the potential to explore additional multifamily buildings on the existing property. Conveniently located within walking distance of shopping, services, schools, restaurants and other everyday amenities. A dedicated turning lane provides safe and convenient road access from Regent Street, adding further appeal for both residents and future development. Contact us today for additional information and to arrange a private viewing. (id:31684)

Property Features
  • Parking
    • Gravel
    • Guest
  • Cooling Information
    • None
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
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EXIT REALTY TRUE NORTH, BROKERAGE
1 Industrial Park, Blind River, ON P0R 1B0
Office
705 356 3948
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