53 MAIN STREET E, Sudbury, Ontario
$399,900
- 5 Beds
- 3 Baths
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! (id:23309)
- Listing ID: X12076787
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 53 MAIN STREET E in Sudbury Ontario. It was last modified on April 11th, 2025. Contact Jim Chu to schedule a viewing or to discover other Sudbury real estate for sale.