32-38 Hemlock Street, Capreol

$2,199,900

For sale: Multiplex

Property type

Multi-family

MLS®

MLS® 2129919

32–38 Hemlock Street, Capreol | 16-Unit Investment Opportunity Exceptional opportunity to acquire a well-established 16-unit residential investment property consisting of four 4-plex buildings, conveniently located together at 32, 34, 36 and 38 Hemlock Street in Capreol. Each building contains four spacious two-bedroom apartments, providing a consistent and highly desirable unit mix across the entire portfolio. The buildings are configured with two upper and two lower units, offering similar functional layouts throughout and making ongoing management and maintenance straightforward. Ownership has continued to invest in the property, including brand-new shingles on both 32 and 34 Hemlock completed in August 2026 — a significant recent capital improvement for the next owner. The property offers an attractive combination of existing income and future upside, with several long-term tenancies and the opportunity to continue improving revenue as units naturally turn over and rents move toward current market levels. The four-building configuration is particularly appealing, providing 16 residential units without the feel of one large apartment complex, while still offering the efficiencies of having the entire portfolio together in one location. With strong demand for two-bedroom rental accommodations, established tenancy, recent capital improvements and significant long-term income potential, this is an excellent opportunity for an investor looking to add scale to their portfolio in Greater Sudbury. Financial information and current rent roll available to qualified buyers.