53 Main Street E, Greater Sudbury, ON

$399,900

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5

Beds

3

Baths

About 53 Main Street E

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!

Features of 53 Main Street E

MLS® # X12076787
Price $399,900
Bedrooms 5
Bathrooms 3.00
Type Residential Freehold
Sub-Type Triplex
Style 2-Storey
Status Active

Community Information

Address 53 Main Street E
Area Greater Sudbury
Subdivision Rayside-Balfour
City Greater Sudbury
Province ON
Postal Code P0M 1L0

Amenities

Parking Spaces 3
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling None
Fireplace No
Basement Crawl Space

Exterior

Exterior Vinyl Siding

Listing Details

OfficeEXP REALTY

Listing Map

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