227 231-235 KING STREET Street, Sudbury, Ontario
$799,900
- 3,500 Square Feet
Awesome investment opportunity or even better create a life where you can live where you work! The laundromat is thriving with amazing google reviews and a 4.7 star rating! Make no mistake this is two buildings at one price plus a very successful laundromat business that includes its goodwill and equipment! First building at 227 King is a detached single-family house with one tenant, three bedrooms and a potential for a fourth with a separate entrance to a lower level for lots of storage. The adjacent building at 231-233-235 King comprises two upper apartments with tenants and the laundromat on the main floor that has been operating since the early 60's! The laundromat is very well equipped with 14 washers & 20 dryers under 14 years old and offers room for further expansion and even other business opportunities. Lower level is a vast space for the mechanical workings for the building and the business with lots of other workshop space as a huge bonus. This building has 4 hydro meters and parking spaces are both at front & also at rear off the back laneway. There is a retrofit available for 231-233-235 King building from June 2010. This property presents multiple income streams with its residential units and established commercial enterprise, making it a versatile investment opportunity. DO NOT APPROACH THE EMPLOYEES OR TENANTS UNDER ANY CIRCUMSTANCES RELATING TO THIS LISTING. INCOME AND EXPENSE INFORMATION MAY BE AVAILABLE UPON BUYING AGENT AND BUYER SIGNING AN NDA. (id:56241)
- Listing ID: 40561219
- Property Type: Other
Schedule a Tour
Schedule Private Tour
Karl Hannan would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Karl Hannan, who specializes in Sudbury real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Karl Hannan find a property to match your lifestyle.
Listing provided by Century 21 B.J. Roth Realty Ltd. Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 227 231-235 KING STREET Street in Sudbury Ontario, was last modified on March 28th, 2024. Contact Karl Hannan to schedule a viewing or to find other properties for sale in Sudbury.