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$ 399,900
Est. payment | /mo
4 Beds
3 Baths
2,100 SqFt
$ 399,900
Est. payment | /mo
4 Beds
3 Baths
2,100 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $190
Subdivision Greater Sudbury
MLS® Listing ID 40743024
Bedrooms 4
Year Built 1940
Property Sub-Type Freehold
Source Cornerstone - Waterloo Region
Property Description
Investment Property Listing: Non-Conforming Triplex Gem! Property Type: Non-Conforming Triplex Location: 163 Kathleen St. Gross Rental Potential: $55,260/year Property Overview Welcome to a completely updated 3-unit apartment building, offering a tremendous investment opportunity! This non-conforming triplex features private entrances for each unit, situated on a large lot that backs onto a laneway. Features: • Upper Unit: • Newer finishes • Currently leased for $1435 • Main Level Unit: • Spacious 2-bedroom • Fantastic layout with ample natural light -Currently leased for $1940 • Lower Level Unit: • Bright 1-bedroom in-law suite • Recently updated with modern finishes • Self-contained laundry - Currently leased for $1230 Additional Highlights: • Two separate hydro meters for independent utility management. • Beautifully fully fenced private backyard, complete with a removable gate for easy access to the laneway. • Turnkey investment with great tenants in place, showcasing pride of ownership. Location: • Steps away from Brebeuf Street, making it a short walk to parks and grocery stores. • Conveniently located near local amenities for both residents and prospective tenants. Investment Potential The current setup provides an impressive gross rental potential of $55,260/year, making it an ideal opportunity for both seasoned investors and first-time buyers looking for a profitable property. Schedule a Viewing! This triplex shows very well and is ready for its new owner. Don't miss out on this chance to invest in a property with solid returns and great tenants. Act fast—properties like this don't last long on the market! (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Cooling None
Exterior
Parking Features No
Fence Fence
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE
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