20
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$2,199,900
Est. payment /mo
Active
32-38 Hemlock Street Capreol, ON P0M1H0
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2129919
Property Sub-Type Freehold
Property Description
32–38 Hemlock Street, Capreol | 16-Unit Investment Opportunity Exceptional opportunity to acquire a well-established 16-unit residential investment property consisting of four 4-plex buildings, conveniently located together at 32, 34, 36 and 38 Hemlock Street in Capreol. Each building contains four spacious two-bedroom apartments, providing a consistent and highly desirable unit mix across the entire portfolio. The buildings are configured with two upper and two lower units, offering similar functional layouts throughout and making ongoing management and maintenance straightforward. Ownership has continued to invest in the property, including brand-new shingles on both 32 and 34 Hemlock completed in August 2026 — a significant recent capital improvement for the next owner. The property offers an attractive combination of existing income and future upside, with several long-term tenancies and the opportunity to continue improving revenue as units naturally turn over and rents move toward current market levels. The four-building configuration is particularly appealing, providing 16 residential units without the feel of one large apartment complex, while still offering the efficiencies of having the entire portfolio together in one location. With strong demand for two-bedroom rental accommodations, established tenancy, recent capital improvements and significant long-term income potential, this is an excellent opportunity for an investor looking to add scale to their portfolio in Greater Sudbury. Financial information and current rent roll available to qualified buyers. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Flooring Laminate, Linoleum
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by EXP REALTY, BROKERAGE (MAIN)
NEARBY SCHOOL & BUSINESS
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