257 Oak Street, Sudbury

$765,000

For sale: Multiplex

Multiplex at 257 Oak Street, Sudbury
Property type
Multi-family
MLS®
MLS® 2128100

This solid 4-plex located at 257 Oak Street features four spacious 2-bedroom units, TWO CURRENTLY VACANT and two tenanted on plus-hydro leases with reliable tenants in place. The property includes an attached rear-access garage already generating storage income, along with three brand new basement storage units ready to rent as additional revenue streams. The roof was fully replaced in 2022, and the building runs on a gas boiler with a full-height walk-out basement. With all appliances included, the property is turn-key for the next owner. Located in a downtown-adjacent pocket of Sudbury, walking distance to the core and transit at the door, tenant demand on this street has remained consistently strong. Generating $90,000 in annual gross revenue with an NOI of $69,000, this is a strong-performing investment opportunity with built-in upside.

Schools

Schools in Sudbury

Sudbury has 32 Fraser Institute–rated schools (23 elementary and 9 secondary), averaging 5.8/10.

Rated schools
32
Elementary
23
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Sudbury

  • R L Beattie — elementaryFraser rating 8.9/10
  • Lo-Ellen Park — secondaryFraser rating 8.6/10
  • Lasalle — elementaryFraser rating 8.4/10
  • Lockerby — secondaryFraser rating 8.3/10
  • St. Benedict — secondaryFraser rating 7.9/10
  • Hélène-Gravel — elementaryFraser rating 7.4/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 257 Oak Street