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328 Melvin Ave

Melvin Ave, Flour Mill, Sudbury, ON, P3C 4X3

5
Beds
4
Baths
2,000 - 2,500
Sq. Ft.
$375,000
List Price
Details
Photos
29
Comparables
History
328 Melvin Ave, Sudbury, ON - 1 of 3
328 Melvin Ave, Sudbury, ON - 2 of 3
328 Melvin Ave, Sudbury, ON - 3 of 3
75 days on market

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... Show More

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.

Property Details

Size

2,000 - 2,500 sq. ft.
5 Beds
5 Above Grade
4 Baths

Parking

1 Parking Space
-

Lot

Size
33′0″ * 120′0″
Acres
-

Build

Year Built
1926 - 1974
Model Name
-
Basement
Apartment
Exterior
Brick
Foundation
Brick
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Shingle

Heating & Cooling

Heating
Baseboard
Cooling
None

Utilities

Water
-
Sewer
Sewer
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$3,353.93

Source

Listing Brokerage

MLS® Listing
X11437922
Last Updated
February 10, 2025
Brokerage
EXP REALTY
Call us 800-591-0566

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