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! |
Price | $399,900 |
Taxes: | $3530.51 |
Occupancy: | Tenant |
Address: | 53 Main Stre East , Greater Sudbury, P0M 1L0, Greater Sudbury |
Directions/Cross Streets: | Main St. E & Municipal Rd.15 |
Rooms: | 14 |
Bedrooms: | 5 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Crawl Space |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Bedroom | 10 | 10 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 3 | Main |
Washroom Type 3 | 3 | Second |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 3 | Main |
Washroom Type 7 | 3 | Main |
Washroom Type 8 | 3 | Second |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 51-99 |
Property Type: | Triplex |
Style: | 2-Storey |
Exterior: | Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Mutual |
Drive Parking Spaces: | 3 |
Park #1 | |
Parking Type: | Mutual |
Park #2 | |
Parking Type: | Mutual |
Pool: | None |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | < 700 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Triplex |
Area: | Greater Sudbury |
Municipality: | Greater Sudbury |
Neighbourhood: | Rayside-Balfour |
Style: | 2-Storey |
Approximate Age: | 51-99 |
Tax: | $3,530.51 |
Beds: | 5 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |