53 Main ST E Active 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
Zoning R2-2
Rooms
Basement Crawl Space
Kitchen 3
Interior
Interior Features Water Meter,Separate Hydro Meter
Cooling None
Inclusions 3 Stoves, 3 Fridges
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 3
Building
Foundation Concrete