We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Greater Sudbury Chelmsford
53 MAIN STREET E
Directions Print
53 MAIN STREET E $399,900
$399,900
Hide
Favourite

53 MAIN STREET E
Greater Sudbury (Rayside-Balfour), Ontario P0M1L0

MLS® Number: X12076787
5
Bedrooms
3
Bathrooms
0 - 699
Square Feet

Listing 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! (40231190)

Location Description

Main St. E & Municipal Rd.15

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
Age Of Building
51 to 99 years
Annual Property Taxes
$3,530.51
Parking Type
No Garage
Time on REALTOR.ca
78 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
3
Interior Features
Appliances Included
Water meter, Stove, Refrigerator
Basement Type
Crawl space
Building Features
Foundation Type
Concrete
Building Amenities
Separate Electricity Meters
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
3

Measurements

Square Footage
0 - 699 sqft

Rooms

MetricImperial
Main level
Bedroom

Land

Lot Features
Frontage
50 ft
Land Depth
99 ft ,6 in
Other Property Information
Zoning Description
R2-2
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

Similar Listings

MATS MOY