163 Kathleen Street, Sudbury, Ontario P3C 2L7

Listed for:
$399,900
4 beds
3 baths
Listed 17 days ago
Triplex for rent: 163 Kathleen Street, Sudbury, Ontario P3C 2L7

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Learn more about this property
Listing provided by:
RE/MAX TWIN CITY REALTY INC.
MLS® number:
40743024
Agent:
Julian Sheppard
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About

Notre Dame Ave. to Kathleen Street Investment Property Listing: Non-Conforming Triplex Gem! Property Type: Non-Conforming Triplex Location: 163 Kathleen St. Gross Rental Potential: $55,260/year Property Overview Welcome to a completely updated 3-unit apartment building, offering a tremendous investment opportunity! This non-conforming triplex features private entrances for each unit, situated on a large lot that backs onto a laneway. Features: • Upper Unit: • Newer finishes • Currently leased for $1435 • Main Level Unit: • Spacious 2-bedroom • Fantastic layout with ample natural light -Currently leased for $1940 • Lower Level Unit: • Bright 1-bedroom in-law suite • Recently updated with modern finishes • Self-contained laundry - Currently leased for $1230 Additional Highlights: • Two separate hydro meters for independent utility management. • Beautifully fully fenced private backyard, complete with a removable gate for easy access to the laneway. • Turnkey investment with great tenants in place, showcasing pride of ownership. Location: • Steps away from Brebeuf Street, making it a short walk to parks and grocery stores. • Conveniently located near local amenities for both residents and prospective tenants. Investment Potential The current setup provides an impressive gross rental potential of $55,260/year, making it an ideal opportunity for both seasoned investors and first-time buyers looking for a profitable property. Schedule a Viewing! This triplex shows very well and is ready for its new owner. Don't miss out on this chance to invest in a property with solid returns and great tenants. Act fast—properties like this don’t last long on the market! (id:27476)

Property Highlights

MLS® Number
40743024
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
5

Building

Building Type
Triplex
Storeys
2.00
Square Footage
2100 sqft
Bathrooms Total
3
Bedrooms Total
4
Amenities
Hospital, Public Transit, Schools, Shopping
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location