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Home ON Greater Sudbury Levack
7 Second Avenue
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7 Second Avenue $249,900
$249,900
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7 Second Avenue
Levack, Ontario P0M2C0

MLS® Number: 2121492

Listing Description

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-bedroom units, 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. (30262563)

Property Summary

Property Type
Multi-family
Storeys
2
Title
Freehold
Land Size
4,051 - 7,250 sqft
Time on REALTOR.ca
11 days

Building

Interior Features
Flooring
Laminate, Vinyl, Other
Basement Type
Full
Building Features
Foundation Type
Block
Storage
Storage in Basement
Rental Equipment
None
Total Units
3
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Asphalt shingle)
Exterior Finish
Other, Stucco

Land

Lot Features
Road Type
Paved road
Other Property Information
Access
Year-round access
Zoning Description
C2
Data provided by: Sudbury Real Estate Board 190 Elm Street, Sudbury, Ontario P3C 1V3

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