53 Main Street E,Greater Sudbury, ON P0M 1L0
Greater Sudbury, ON P0M 1L0
Description
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!
Details
| MLS # | X12076787 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 210 |
| Listing Provided By | EXP REALTY | X12076787 285400 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.11 |
Interior
| Interior Features | Water Meter, Separate Hydro Meter |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Mutual |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3530.51 |
|---|---|
| Tax Legal Description | PCL 1296 SEC SWS; LT 52 PL M18 BALFOUR ; GREATER SUDBURY |
| Tax Year | 2024 |
Area Information
| Province | ON |
|---|---|
| County | Greater Sudbury |
| City | Greater Sudbury |
| Postal Code | P0M 1L0 |
| Area | Rayside Balfour |
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Contact
Learn More About This Property
| Province | ON |
|---|---|
| County | Greater Sudbury |
| City | Greater Sudbury |
| Postal Code | P0M 1L0 |
| Area | Rayside Balfour |
