Greater Sudbury, ON P3C 4X3,328 Melvin AVE
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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

$360,000

Est. payment /mo

$375,000

4.0%
Est.Price: ?

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328 Melvin AVE Greater Sudbury, ON P3C 4X3

5 Beds

4 Baths

SOLD DATE : 02/26/2025

Key Details

Sold Price $360,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Sudbury

MLS Listing ID X11437922

Sold Date 02/26/25

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

Zoning R2-3, C1

Rooms

Family Room Yes

Basement Apartment

Kitchen 3

Interior

Interior Features Separate Hydro Meter

Cooling None

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

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Listed by EXP REALTY
agent

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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