$475,000

Sudbury ON, P3C 4H6

MLS® # 2125553

Property Information:

8.5% cap rate makes this purchase a solid investment. This well-maintained triplex consists of two 3 bedroom and one 2 bedroom apartments and is located in a high demand rental area. All units are vacant and the new owner can determine his/her own rents. Large 900 square feet self-contained units with separate entrances and parking space. In addition each apartment has its own laundry hook-up, hydro meter, gas meter and individually controlled hot water heating system and hot water heater. Recent improvements include new roof shingles (2022), side deck, new decking at front entrance, laminate flooring, new light fixtures, bathroom vanities, doors and hardware and paint throughout. Walking distance to public transit, schools, shopping and downtown Sudbury. This well-looked-after income property is ready to rent. Ask your Realtor for a copy of the Income and Expenses Statement. (id:27)

Building Features:

Style: Multiplex
Basement Type: Full
Exterior Finish: Vinyl
Fire Protection: Smoke Detectors
Flooring Type: Laminate
Foundation Type: Block
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: In Floor Heating
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Access Type: Year-round access
Amenities Nearby: Public Transit, Schools
Road Type: Paved road
Storage Type: Storage Shed
Zoning: R2-3
Sewer: Municipal sewage system
Parking Type: Gravel

Courtesy of: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

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Market Price Trends

Location of 369 Bessie, Sudbury, Ontario, P3C 4H6

Lifestyle
Neighbourhood

Demographic Information of 369 Bessie, Sudbury, Ontario, P3C 4H6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$73,327.44

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.69 %

High school certificate or equivalent

35.89 %

Apprenticeship trade certificate/diploma

6.19 %

College/non-university certificate

23.55 %

University certificate (below bachelor)

0.16 %

University Degree

6.52 %

Commuter

Travel To Work

By Car

68.51 %

By Public Transit

20.37 %

By Walking

10.51 %

By Bicycle

0.0 %

By Other Methods

0.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.28 %

Houses

40.72 %

Own Vs. Rent