Property Description for 1344 REGENT Street
Excellent investment opportunity in Sudbury’s highly desirable south end on Regent Street, one of the busiest and most visible locations in the city. This property features a building with two separate units, making it ideal for both investors and first-time homebuyers. The top-floor apartment is currently rented at $1,600 per month, all inclusive, while the basement unit is vacant and could be rented out at approximately $1,200 per month. Together, these units provide a solid rental income that can help cover mortgage costs and other expenses. The property sits on an extra-deep lot with C3 zoning, opening up a wide range of future development or commercial opportunities. The house itself is a spacious structure that can be renovated to suit your needs, although it does require some TLC. For first-time homebuyers, this property offers the perfect opportunity to live in one unit and generate rental income from the other as a mortgage helper, making homeownership more attainable. Located in a high-traffic area with excellent visibility, this property is a rare find with versatile potential. Whether you're looking for an investment, a live-in option with rental income, or future development possibilities, this property is definitely worth a closer look. (id:38686)
Tour this home
Property Details
Property Tax
: N/AMLS® #
: 2124488
Home Features
Property Type
: Single Family
Interior Features
Heating
: Forced airBasement
: Remodeled BasementFlooring
: Vinyl
Exterior Features
Roof
: Asphalt shingle, Unknown
Utilities
Sewer
: Municipal sewage system
Other
Parking Features
: GravelExterior Features
: Aluminum siding
Mortgage Calculator
Similar Listings in Sudbury
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, 'screen scraping', 'database scraping', and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This listing content is operated by REALTOR® members of The Canadian Real Estate Association. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
