53 Main Street E Greater Sudbury, Ontario P0M 1L0
$399,900
Attention investors! Discover this cash-flowing triplex offering a standout opportunity with $47,522 in annual income and a solid net operating income of $32,743. Featuring two 2-bedroom units and one 1-bedroom unit, the property is separately metered for hydro, with two of the three tenants paying their own utilities. Recent upgrades include all-new windows, an efficient natural gas furnace, and a 2019 roof replacement on most sections of the property (with just one section remaining). Financials are available upon request. Unit 3 is currently tenanted but offers excellent value-add potential with some updates needed, giving investors the chance to increase returns even further. Located in a quiet town just a short drive from Sudbury, this triplex offers convenient access to schools, parks, shopping, and public transit. A rare chance to secure a cash-flowing asset in a desirable location - don't miss out! (id:50886)
Property Details
| MLS® Number | X12076787 |
| Property Type | Multi-family |
| Community Name | Rayside-Balfour |
| Parking Space Total | 3 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Meter, Stove, Refrigerator |
| Basement Type | Crawl Space |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft ,6 In |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 99.5 Ft |
| Size Total Text | 50 X 99.5 Ft |
| Zoning Description | R2-2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
Contact Us
Contact us for more information
Mats Moy
Salesperson
www.matstheagent.com/
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twitter.com/matsmoy
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4711 Yonge St Unit C 10/fl
Toronto, Ontario M2N 6K8
(866) 530-7737
(647) 849-3180
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April 21 2025 05:43:26
Toronto Regional Real Estate Board
Exp Realty