340 Melvin Ave Greater Sudbury, Ontario P3C 4X3
$349,900
Welcome to this completely updated legal duplex, so many avenues of cashflow on this one! Each unit is equipped with its own meter. The first unit, previously rented at $1650.00 monthly, is now available for a new tenant, or for you to live in. The upstairs unit generates $1450.00 monthly, tenant pays hydro. Boost your income potential by creating a third unit in the basement, which comes with a separate entrance and awaits your touch. Plus, an additional income stream is provided by the shared coin-operated laundry room available for all tenants, earning bringing in an additional $800-$1000. No expenses spared on the renovations of this property, taken down to studs in 2022, this home has new insulation, all new electrical, new panels, new roof, new kitchens, bathrooms, flooring and more. Priced to sell. Book a showing today!**** EXTRAS **** Home features a large detached shed that can also be rented for additional income. (id:26892)
Property Details
| MLS® Number | X7000188 |
| Property Type | Single Family |
| Community Name | Sudbury |
| Parking Space Total | 3 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 5 |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
Land
| Acreage | No |
| Size Irregular | 33 X 120 Ft |
| Size Total Text | 33 X 120 Ft |
https://www.realtor.ca/real-estate/26058165/340-melvin-ave-greater-sudbury-sudbury
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October 19 2023 12:28:43
Toronto Real Estate Board
Search Realty Corp.