53 Main Street E, Greater Sudbury, Ontario P0M 1L0

Listed for:
$399,900
5 beds
3 baths
Listed 39 days ago
Triplex for rent: 53 Main Street E, Greater Sudbury, Ontario P0M 1L0

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Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X12076787
Agent:
Mats Moy
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About

Main St. E & Municipal Rd.15 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:27476)

Property Highlights

MLS® Number
X12076787
Type
Multi-family
Community Name
Rayside-Balfour
Land Size
50 x 99.5 FT
Parking Space Total
3

Building

Building Type
Triplex
Storeys
2.00
Bathrooms Total
3
Bedrooms Above Ground
5
Bedrooms Total
5
Amenities
Separate Electricity Meters
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Crawl space
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Location