ON > Greater Sudbury > Rayside-Balfour
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
Greater Sudbury, ON P0M 1L0,53 Main ST E
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Jim Mattice

Jim Mattice

+1(613) 581-7469
$ 399,900
Est. payment | /mo

5 Beds

3 Baths

Save
$ 399,900
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision Rayside-Balfour

MLS Listing ID X12076787

Style 2-Storey

Bedrooms 5

Building Age 51-99

Annual Tax Amount $3,530

Tax Year 2024

Property Sub-Type Triplex

Property 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!

Location

Province ON

County Greater Sudbury

Community Rayside-Balfour

Area Greater Sudbury

Zoning R2-2

Rooms

Family Room Yes

Basement Crawl Space

Kitchen 3

Interior

Interior Features Water Meter, Separate Hydro Meter

Cooling None

Inclusions 3 Stoves, 3 Fridges

Exterior

Parking Features Mutual

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 99.5

Total Parking Spaces 3

Building

Foundation Concrete

Others

Senior Community No

Listed by EXP REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 581-7469

jim@surehome.ca

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53 Main ST E

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