5 Beds 3 Bath

53 Main Street, Greater Sudbury, ON P0M 1L0

Greater Sudbury P0M 1L0 Ontario

MLS: X12076787

$399,900

Added 4 days ago | For Sale

Listed by: EXP REALTY

About Property

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!

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size: 50 X 99.5
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Main St. E & Municipal Rd.15
  • Basement:Crawl Space , Crawl Space
  • Possession Date:
  • Annual Property taxes: $3530.51
  • Bedrooms:5
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12076787

Level Type Features Dimensions
Main Bedroom 10 ft x 10 ft

No property rooms available.

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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