328 MELVIN AVENUE Active

Greater Sudbury (sudbury),ON P3C4X3

$ 400000

5 Beds

4 Baths

1999 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,999 sqft

Price per Sqft $200

Subdivision Sudbury

MLS Listing ID X11437922

Bedrooms 5

Originating Board Toronto Regional Real Estate Board

Property Description

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:24570)

Location

Province ON

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 3

Sewer Sanitary sewer

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