328 Melvin Avenue, Greater Sudbury (Sudbury), Ontario P3C 4X3 (27693033)

LOADING

5 Bedroom 4 Bathroom 2,000 - 2,500 ft²

Baseboard Heaters

$375,000

This legal triplex, located just minutes from downtown Sudbury, offers a prime investment opportunity with four fully separate units, all renovated within the last four years. Modern updates throughout and separate hydro meters allow tenants to cover their own hydro costs, making it an attractive option for investors. With two units currently vacant, you have the flexibility to set market rents or occupy one unit while still generating income. The property boasts a gross income potential of approximately $59,400 annually. Situated close to shopping, dining, schools, and public transit, this property offers both excellent income opportunities and a convenient location. Dont miss out on this turnkey investmentschedule your viewing today! **EXTRAS** The lockbox is located at BACK WINDOW of the building on the 3rd floor landing. Buyer must assume tenants. (id:54662)

Property Details

MLS® Number	X11437922
Property Type	Single Family
Neigbourhood	The Donovan
Community Name	Sudbury
Equipment Type	Water Heater
Parking Space Total	1
Rental Equipment Type	Water Heater

Building

Bathroom Total	4
Bedrooms Above Ground	5
Bedrooms Total	5
Amenities	Separate Electricity Meters
Basement Features	Apartment In Basement
Basement Type	N/a
Exterior Finish	Brick
Foundation Type	Brick
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	3
Size Interior	2,000 - 2,500 Ft²
Type	Triplex
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	120 Ft
Size Frontage	33 Ft
Size Irregular	33 X 120 Ft
Size Total Text	33 X 120 Ft
Zoning Description	R2-3, C1