53 MAIN STREET E, Greater Sudbury (Rayside-Balfour), Ontario, CA

Address: 53 MAIN STREET E, Greater Sudbury (Rayside-Balfour), Ontario

5 Beds3 Baths0 sqftStatus: Buy
Price $399,900

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
0 - 699 sqft
Community Name
Rayside-Balfour
Land Size
50 x 99.5 FT
Parking Type
No Garage
Building
Bedrooms
Above Grade
5
Bathrooms
Total
5
Interior Features
Appliances Included
Water meter, Stove, Refrigerator
Basement Type
Crawl space
Building Features
Foundation Type
Concrete
Square Footage
0 - 699 sqft
Rental Equipment
Water Heater
Building Amenities
Separate Electricity Meters
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
3
Land
Other Property Information
Zoning Description
R2-2
Level Rooms Dimensions
Main level Bedroom 3.05 m x 3.05 m

Features
           No Garage            Water meter            Stove
           Refrigerator            Separate Electricity Meters
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Your Home Finance Calculation

Property Price CA $399,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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