328 Melvin Ave

Sudbury

328 Melvin Ave
328 Melvin Ave
328 Melvin Ave
+26
5
 bed
4
 bath
1
 parking
2000 - 2500
 sqft
Triplex
$400,000
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$400,000
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Size
-
Lot size
367.9 sqm
Street frontage
N
Possession
60 days
Price per sqm
$1,724 - $2,151
Taxes
$3,353.93 (2023)
Parking Type
-
Style
3-Storey
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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.
Broker: EXP REALTY
MLS®#: X11437922
Property details
Parking:
Yes
Parking type:
-
Property type:
Triplex
Heating type:
Baseboard
Style:
3-Storey
MLS Size:
186-232 sqm
Lot front:
10.06 M
Lot depth:
36.58 M
Listed on:
Nov 29, 2024
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Instant estimate:
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$24,854
higher than listed price
i
High
$452,149
Mid
$424,854
Low
$413,296
Sean Miller
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X11437922
Listed by EXP REALTY

About 328 Melvin Ave

328 Melvin Ave is a Sudbury triplex for sale, near Kathleen and Melvin. 328 Melvin Ave has an asking price of $400000, and has been on the market since November 2024. This 2000-2500 sqft triplex has 5 beds and 4 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.