53 Main ST E new Save Request In-Person Tour Request Virtual Tour
Greater Sudbury,ON P0M 1L0
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision Rayside-Balfour
MLS Listing ID X12076787
Style 2-Storey
Bedrooms 5
Building Age 51-99
Annual Tax Amount $3,530
Tax Year 2024
Property Sub-Type Triplex
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!
Location
Province ON
County Greater Sudbury
Community Rayside-Balfour
Area Greater Sudbury
Rooms
Family Room Yes
Basement Crawl Space
Kitchen 3
Interior
Interior Features Water Meter,Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 99.5
Total Parking Spaces 3
Building
Foundation Concrete