328 MELVIN AVENUE, Greater Sudbury, Ontario P3C 4X3

328 MELVIN AVENUE, Greater Sudbury, Ontario P3C 4X3

$375,000.00

  • 5 bedrooms
  • 4 bathrooms

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 ... read more

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! (id:25417)

  • Listing ID: X11437922
  • Property Type: Single Family
Property
Lot Size: 33 by 120 FT
Parking: 1 Spaces
Building
Type: Single Family Triplex
HVAC: Baseboard Heaters and Fireplace
Electric
Exterior: Brick
Basement: N/A
Utilities: Sanitary Sewer
Location
City: Greater Sudbury
Province: Ontario

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328 MELVIN AVENUE, Greater Sudbury, Ontario P3C 4X3
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This property, located on Melvin Avenue in Greater Sudbury Ontario, was published on December 5th, 2024. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Greater Sudbury convenient.