New ListingIncome today with room to add value at 422 King Street / 499 Percy Avenue. This property features a triplex and a separate one-bedroom single-family home, offering options for investors, renovation buyers and those looking to owner-occupy. The triplex currently generates an 11.37% cap rate, with a two-bedroom unit becoming vacant October 31, 2026-an opportunity to move in while collecting rental income from the other units. The single-family home is ready for renovation, providing potential for a BRRR investor to improve the home, increase rental income and build overall property value. A versatile investment with existing income, upcoming vacancy and a clear opportunity to make improvements. (id:13843)
| MLS # | 2131121 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE | GARY DOYLE |
| Basement | Y |
|---|---|
| Zoning | R2-3 |
| Heating | Forced air, High-Efficiency Furnace |
|---|---|
| Fireplace Yes / No | No |
| Roof | Asphalt shingle, Flat |
|---|
| Parking Features | Gravel |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Province | ON |
|---|---|
| City | Sudbury |
| Postal Code | P3B2L1 |
| Listing VS Median (in P3B2L1) | |
Price: $525,000 low | high Med: $0 On site: 5 low | high Med: | |
| Province | ON |
|---|---|
| City | Sudbury |
| Postal Code | P3B2L1 |
| Listing VS Median (in P3B2L1) | |
Price: $525,000 low | high Med: $0 On site: 5 low | high Med: | |