53 Main Street E Greater Sudbury, Ontario P0M 1L0

5 Bedroom 3 Bathroom
Forced Air

$399,900

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:61594)

Property Details

MLS® Number X12076787
Property Type Multi-family
Community Name Rayside-Balfour
Parking Space Total 3

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Total 5
Age 51 To 99 Years
Amenities Separate Electricity Meters
Appliances Water Meter, Stove, Refrigerator
Basement Type Crawl Space
Exterior Finish Vinyl Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 99 Ft ,6 In
Size Frontage 50 Ft
Size Irregular 50 X 99.5 Ft
Size Total Text 50 X 99.5 Ft
Zoning Description R2-2

Rooms

Level Type Dimensions

https://www.realtor.ca/real-estate/28154403/53-main-street-e-greater-sudbury-rayside-balfour-rayside-balfour

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