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Home ON Greater Sudbury Levack
7 SECOND AVENUE
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7 SECOND AVENUE $249,000
$249,000
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7 SECOND AVENUE
Greater Sudbury (Sudbury), Ontario P0M2C0

MLS® Number: X12094247
4
Bedrooms
3
Bathrooms
1100 - 1500
Square Feet

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-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. (40287726)

Location Description

Turn right onto 3rd Ave S/Mine Rd/Regional Rd 8

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1100 - 1500 sqft
Community Name
Sudbury
Land Size
50 x 82 FT
Annual Property Taxes
$2,339.24
Parking Type
No Garage
Time on REALTOR.ca
8 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
3
Interior Features
Basement Type
N/A (Unfinished)
Building Features
Features
Carpet Free
Foundation Type
Block
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Stucco
Parking
Parking Type
No Garage
Total Parking Spaces
3

Measurements

Square Footage
1100 - 1500 sqft

Land

Lot Features
Frontage
50 ft
Land Depth
82 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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