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$515,000

365 BESSIE AVENUE, Greater Sudbury, Ontario, P3C 4H6

MLS® # X11960969

Property Information:

Attention investors! This fully renovated triplex in a high-demand rental area is a fantastic opportunity to own a turn-key income property. Featuring three self-contained units, each with its own separate entrance and hydro meter, this property is perfect for generating strong rental income. Enjoy immediate cash flow with two out of the three units rented. Recent extensive renovations have enhanced every unit. Unit 3 (Basement) underwent a full gut renovation, with new vinyl flooring, doors, trim, and baseboards. The kitchen was fully upgraded with modern cabinets and countertops, and the bathroom was redone with a new vanity and updated shower tiles. A large living space was converted into a third bedroom, transforming the layout from a 1+den to a full 3-bedroom unit. Additional updates include a new exterior steel door, new fridge and stove, upgraded electrical with pot lights, and updated plumbing to resolve leaks. Unit 2 improvements include a new washer and dryer, a new fridge, repaired and replaced tiles, fresh caulking, and new door trim. Unit 1 was refreshed with a new tiled kitchen backsplash, paint touch-ups, and updated receptacle covers. Throughout the building, the electrical panel was rewired, and a full clean-up and junk removal were completed. Other major updates include a high-efficiency gas furnace (2019), new hot water heater and exterior door for Unit 1 (2020), new laminate flooring in Units 1 & 3, interior doors in Unit 3 (2021), kitchen and bathroom upgrades in Unit 3, new laminate flooring and doors in Unit 2, new windows, and a new roof (2022).With ample parking off the back lane and potential for a fourth unit upon City approval, this property is a smart investment. Ideally located within walking distance to shopping, schools, parks, libraries, and transit, this is a prime rental opportunity you don't want to miss! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete, Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: All, Dryer, Washer, Window Coverings

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 3
  • Irregular: Yes
  • Lot Depth: 119.7 Feet
  • Lot Frontage: 32.8 Feet
  • Lot Size: 32.9 x 119.7 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX PREMIER INC.

REALTOR.ca  

Location of 365 BESSIE AVENUE, Greater Sudbury, Ontario, P3C 4H6

Demographic Information of 365 BESSIE AVENUE, Greater 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