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$ 399,900
Est. payment /mo
New
53 MAIN STREET E Greater Sudbury (rayside-balfour), ON P0M1L0
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Rayside-Balfour
MLS® Listing ID X12076787
Bedrooms 5
Originating Board Toronto Regional Real Estate Board
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! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Extra Room 1 Main level 3.05 m X 3.05 m Bedroom
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by EXP REALTY