Greater Sudbury, ON P3C 4X3,328 Melvin AVE
Greater Sudbury, ON P3C 4X3,328 Melvin AVE
Greater Sudbury, ON P3C 4X3,328 Melvin AVE
Greater Sudbury, ON P3C 4X3,328 Melvin AVE
Greater Sudbury, ON P3C 4X3,328 Melvin AVE
Greater Sudbury, ON P3C 4X3,328 Melvin AVE
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$ 375,000
Est. payment | /mo

5 Beds

4 Baths


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$ 375,000
Est. payment | /mo
Save

5 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Sudbury

MLS Listing ID X11437922

Style 3-Storey

Bedrooms 5

Annual Tax Amount $3,353

Tax Year 2023

Property Sub-Type Triplex

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

Location

Province ON

County Greater Sudbury

Community Sudbury

Area Greater 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

Pool None

Roof Type Asphalt Shingle

Lot Frontage 33.0

Lot Depth 120.0

Total Parking Spaces 1

Building

Foundation Brick

Listed by EXP REALTY
advisor-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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328 Melvin AVE