340 Melvin Avenue 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 $1435.00 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. Home features a large detached shed that can also be rented for additional income. 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! (id:27910)
Property Details
| MLS® Number | 40484156 |
| Property Type | Multi-family |
| Features | Shared Driveway, Laundry- Coin Operated |
| Parking Space Total | 3 |
| Structure | Shed |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick Veneer, Stucco, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Size Interior | 1800 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Visitor Parking |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 120 Ft |
| Size Frontage | 33 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2-3 |
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September 18 2023 11:06:23
Oakville, Milton & District Real Estate Board
Search Realty Corp., Brokerage