$389,999 FOR SALE

Triplex

Bedrooms: 5Bathrooms: 4Lot: 33 x 120 ft

328 Melvin Avenue
Greater Sudbury (Sudbury), ON P3C 4X3

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! **** EXTRAS **** The lockbox is located at BACK WINDOW of the building on the 3rd floor landing. Buyer must assume tenants. (id:47423)

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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X11437922
Last Updated Jan 08, 2025
Property Summary
Property Type Triplex

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Community Sudbury
Price History
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Detailed Information
Bedrooms 5
Bathrooms 4
Lot 33 x 120 ft
Equipment Water Heater
Listing Contract Date 2024-11-28
Location Description Kathleen & Melvin
# of Parking Spaces 1
Property Type Single Family
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description R2-3, C1
Building
Amenities Separate Electricity Meters
Basement Features Apartment in basement
Basement Type N/A
Exterior Finish Brick
Foundation Type Brick
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 3
Type Triplex
Utility Water Municipal water
Land
Total Size 33 x 120 FT
Sewer Sanitary sewer
Size of Irregular Land 33 x 120 FT

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