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Janice Carter

janice@bhhswest.ca +1(289) 969-1147

$ 400,000

Est. payment -/mo

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Price Dropped by $25K

328 Melvin AVE Greater Sudbury, ON P3C 4X3

5 Beds

4 Baths

UPDATED:

12/12/2024 03:03 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X11437922

Style 3-Storey

Bedrooms 5

Annual Tax Amount $3,353

Tax Year 2023

Property Description

This legal triplex, located just minutes from downtown Sudbury, offers a prime investment opportunity with four fully separate units, all renovated within the last four years. Modern updates throughout and separate hydro meters allow tenants to cover their own hydro costs, making it an attractive option for investors. With two units currently vacant, you have the flexibility to set market rents or occupy one unit while still generating income. The property boasts a gross income potential of approximately $59,400 annually. Situated close to shopping, dining, schools, and public transit, this property offers both excellent income opportunities and a convenient location. Dont miss out on this turnkey investmentschedule your viewing today!

Location

Province ON

County Greater Sudbury

Community Sudbury

Area Greater Sudbury

Region Sudbury

City Region Sudbury

Rooms

Family Room Yes

Basement Apartment

Kitchen 3

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Available

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 1

Building

Foundation Brick

Listed by EXP REALTY

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Janice Carter

+1(289) 969-1147

Janice Carter

328 Melvin AVE Greater Sudbury, ON P3C 4X3

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328 Melvin AVE