53 Main Street, Greater Sudbury, ON Image 1

$399,900

Triplex For Sale
MLS - #X12076787
Apr 21- By EXP REALTY

53 Main Street, Greater Sudbury, ON P0M 1L0

5 Bed
3 Bath
< 700 Sqft.
None Garage

Property Description

Property type

Triplex

Lot size

N/A

Style

2-Storey

Approx. Area

< 700 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Bedroom3.05 x 3.05 mN/AMain

About 53 Main Street

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!

Home Overview

Last updated

Apr 21

Virtual tour

None

Basement information

Crawl Space

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Crawl Space
Cooling:None
Heating:Forced Air
Parking Features:Mutual
0
Similar Homes Found
$0
Average Price
39990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 53 Main Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - Main Street

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