740 Charlotte ST, Greater Sudbury, ON P3E 4C3
740 Charlotte ST, Greater Sudbury, ON P3E 4C3
740 Charlotte ST, Greater Sudbury, ON P3E 4C3
740 Charlotte ST, Greater Sudbury, ON P3E 4C3
740 Charlotte ST, Greater Sudbury, ON P3E 4C3
740 Charlotte ST, Greater Sudbury, ON P3E 4C3
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Peter Velentis

Peter Velentis

+1(647) 287-1509
$ 469,800
Est. payment | /mo

6 Beds

2 Baths

Save Virtual Tour
$ 469,800
Est. payment | /mo
Save Virtual Tour

6 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Sudbury

MLS Listing ID X13112554

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,621

Tax Year 2025

Property Sub-Type Duplex

Property Description

Income Property Opportunity - Legal Duplex with 7% Cap Rate. Discover this well-maintained legal duplex offering exceptional investment. Apt 1(back) is complete with 3 BR's, Eat in kitchen, 4 pc bath, lg LR, bsmt with it's own laundry. Apt 2 is equally inviting with it's own laundry hook ups, large eat in kitchen, large living room and 3 bedrooms. Desirable neighbourhood. Sudbury enjoys a robust rental market.The multi family property is vacant. Apt 1 was rented for $1850, Apt 2 was rented for $1850. Fully detached garage and lots of parking for both units.Enjoy the flexibility to live in one side while renting the other, or lease both units to maximize returns. With a 7% cap rate, this property is a smart addition to any portfolio. Additional highlights include:. 7% Cap rate.Paved driveway with ample parking.3 Hydro Meters, one for each apt and one for owner (outside garage/outside lights)Forested backyard providing privacy and natural views.Strong rental demand in the area.Whether you're a first-time investor or looking to expand your portfolio, this duplex offers stable income and long-term value.

Location

Province ON

County Greater Sudbury

Area Greater Sudbury

Rooms

Family Room No

Basement Apartment

Kitchen 2

Separate Den/Office 3

Interior

Interior Features Separate Heating Controls, Sewage Pump

Cooling None

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 120.0

Total Parking Spaces 6

Building

Foundation Block

Others

Senior Community Yes

Security Features Smoke Detector,Carbon Monoxide Detectors

ParcelsYN No

Virtual Tour https://video-api.supreme.one/jwJJ8X?branded=false

Listed by SOVEREIGN REALTY GROUP

Nearby Locations

Tour This Home

740 Charlotte ST

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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