$1,850,000 Sale

Listed 54 days ago

1492 Regent Street

MLS® 2129836 Multi Family

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 5000 - 10000

Est. mortgage

$7,018/mo

Key Facts

Key facts for 1492 Regent Street

Property Type

Apartment

Parking

Garage: No, 0 parking

MLS #

2129836

Size

5000 - 10000 sqft

Basement

Full

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

PRIME SOUTH END INVESTMENT OPPORTUNITY 12-Unit Apartment Building on Approximately 1 Acre First Time Ever Offered for Sale — Pride of Ownership from Day One ! An exceptional opportunity to acquire a 12-unit apartment building in a prime South End location, situated on approximately one acre of land... and offered for sale by the original owner/builder. This all-brick, meticulously constructed building features 10 large two-bedroom units, 2 bachelor units. All two-bedroom apartments offer the same efficient layout, providing consistency and ease of management. QUALITY CONSTRUCTION & UPDATES - Built with long-term durability in mind, this property showcases quality construction throughout, including:All-brick exterior construction,2-inch styrofoam insulation installed beneath the brick, glued and sealed at every seam concrete block and concrete construction throughout, Quality plaster interior walls,Durable terrazo flooring,Secure building entrance,Fire protection system, On-site laundry facility. Windows replaced throughout in 2024–2025, Shingles replaced approximately 2017. The property currently operates with all-inclusive rents, providing a straightforward rental structure for the existing tenant base. Importantly, there are 12 separate hydro meters, offering a future owner the flexibility to change the rental structure for new tenants, subject to applicable requirements. The property is zoned R3-1 This creates the potential to explore additional multifamily buildings on the existing property. Conveniently located within walking distance of shopping, services, schools, restaurants and other everyday amenities. A dedicated turning lane provides safe and convenient road access from Regent Street, adding further appeal for both residents and future development. Contact us today for additional information and to arrange a private viewing. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

5000 - 10000 sqft

Basement

Full

Heating Type

Baseboard heaters

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Flooring Type

Concrete, Laminate, Tile

Washrooms

0.0

Square Footage

5000 - 10000 sqft

Basement

Full

Heating Type

Baseboard heaters

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Flooring Type

Concrete, Laminate, Tile

Exterior

Acreage

1 - 3 acres

Parking Spaces

Garage Spaces Y/N

Roof Material

Asphalt shingle

Zoning Description

R3-1

Land Amenities

Golf Course, Hospital, Schools, Shopping

Acreage

1 - 3 acres

Parking Spaces

Garage Spaces Y/N

Roof Material

Asphalt shingle

Zoning Description

R3-1

Land Amenities

Golf Course, Hospital, Schools, Shopping

Building Description

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Controlled entry, Fire alarm system, Smoke Detectors

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Controlled entry, Fire alarm system, Smoke Detectors

Community

Lockerby

Area Code

Greater Sudbury

Community

Lockerby

Area Code

Greater Sudbury

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Anthony Rocca

Email: anthony@sellingsudbury.com Cell: 705-304-9124