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Royal LePage
Royal LePage
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$399,900

Greater Sudbury ON, P0M 1L0

MLS® # X12076787

Property Information:

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:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl siding
  • Floor Space: 0 - 699 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Water meter, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Floor Space (approx): 0 - 699 Square Feet
  • Irregular: Yes
  • Lot Depth: 99.5 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 99.5 FT
  • Zoning: R2-2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • Bedroom Main Level 3.05 m x 3.05 m

Convert Measurement to:


Courtesy of: EXP REALTY

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 53 MAIN STREET E, Greater Sudbury, Ontario, P0M 1L0

Demographic Information of 53 MAIN STREET E, Greater Sudbury, Ontario, P0M 1L0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$100,252.85

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.31 %

High school certificate or equivalent

33.62 %

Apprenticeship trade certificate/diploma

12.28 %

College/non-university certificate

26.44 %

University Degree

6.35 %

Commuter

Travel To Work

By Car

89.35 %

By Public Transit

2.52 %

By Walking

5.03 %

By Bicycle

0.0 %

By Other Methods

3.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.04 %

Houses

69.96 %

Own Vs. Rent

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