Unbeatable cash flow investment property with over 17% CAP Rate. Discover this fantastic income generating triplex located in the heart of Levack. This investment features one spacious 4-bedroom unit and two large 2-bedroomunits, making this property ideal for investors looking to execute the BRRRR strategy. Each unit has separate laundry, individual electrical panels and dedicated furnaces, ensuring convenience and comfort for tenants. With a newer roof and separate entrances for all units, this property offers both functionality and long term value. Additionally, the unfinished basement provides potential to add another unit or generate extra income through storage rental. Great opportunity for those with a vision. Perfect for a handy investor looking to maximize returns.
Address
7 Second Avenue
List Price
$249,000
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Area
Greater Sudbury
Sub-Area
Sudbury
County
Greater Sudbury
Bedrooms
4
Bathrooms
3
Floor Area
1100 - 1500 Sq. Ft.
Lot Depth
82
Lot Size Units
Feet
Lot Width
50
MLS® Number
X12094247
Listing Brokerage
TRIMAXX REALTY LTD.
Basement Area
Unfinished
Postal Code
P0M 2C0
Parking Places (Total)
3
Tax Amount
$2,339.24
Tax Year
2024
Interior Features
Carpet Free
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Stucco (Plaster)
Direction Faces
East
Foundation Details
Block
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer
