53 MAIN STREET E new

Greater Sudbury (rayside-balfour),ON P0M1L0

$ 399900

5 Beds

3 Baths

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Rayside-Balfour

MLS Listing ID X12076787

Bedrooms 5

Originating Board Toronto Regional Real Estate Board

Property 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! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Main level 3.05 m X 3.05 m Bedroom

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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