CA$375,000

For
Sale

bedrooms

5

bathrooms

4

Square Footage

2000-2500

Type of Property

Triplex

Wedu Estimate*
New

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Details

Overview

Type
Triplex
Style
3-Storey
Size
2000-2500 Sqft
Taxes
CA$3,354/yr

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.

This triplex home located at 328 Melvin Ave, Greater Sudbury, ON P3C 4X3 is currently for For Sale and has been available on Wedu.ca for 82 days. This property is listed at CA$375K. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. The property is N/A years old. 328 Melvin Ave, Greater Sudbury, ON P3C 4X3 is in Greater Sudbury neighborhood Sudbury.

Fees

Taxes
CA$3,354/yr
Tax Year
2023

Inside

Bedrooms
5
Bathrooms
4
Kitchens
3
Rooms
14
Den/Family Room
Yes
Air Conditioning
None
Laundry

Building

Basement Details
Apartment
Fuel
Electric
Heating
Baseboard
Water Supply
Municipal
Exterior
Brick
Roof
Asphalt Shingle

Land

Zoning
R2-3, C1
Depth
120
Width
33
Lot Size Units
Feet
Sewer
Sewers
Pool
None
Cross Street
Kathleen & Melvin
Neighbourhood
Sudbury
City
Greater Sudbury

Parking

Garage
None
Parking Features
Parking Places
1

Metadata

Added
11/28/2024
Updated
2/14/2025
MLS®#
X11437922
Days on Market
82
Source
TRREB

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