163 Kathleen Street Sudbury, Ontario P3C 2L7

$399,900

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:46441)

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https://www.realtor.ca/real-estate/28542506/163-kathleen-street-sudbury