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!
Address
53 Main Street E
List Price
$399,900
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Area
Greater Sudbury
Sub-Area
Rayside-Balfour
County
Greater Sudbury
Bedrooms
5
Bathrooms
3
Floor Area
< 700 Sq. Ft.
Lot Depth
99.5
Lot Size Units
Feet
Lot Width
50
Approx. Age
51 - 99 Years
MLS® Number
X12076787
Listing Brokerage
EXP REALTY
Basement Area
Crawl Space
Postal Code
P0M 1L0
Parking
Mutual
Parking Places (Total)
3
Tax Amount
$3,530.51
Tax Year
2024
Interior Features
Water Meter, Separate Hydro Meter
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Vinyl Siding
Direction Faces
North
Foundation Details
Concrete
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer
