365 Bessie Avenue Greater Sudbury, Ontario P3C 4H6

8 Bedroom 3 Bathroom 1,100 - 1,500 ft2
None Baseboard Heaters

$515,000

Attention investors - this is the kind of asset you hold long term.Fully renovated and strategically updated, this turn-key triplex sits in a high-demand rental pocket and delivers immediate income with two of the three units already tenanted. Each unit is self-contained with its own private entrance and separate hydro meter - clean, simple, and ideal for strong tenant management and consistent cash flow.Extensive renovations have been completed throughout the property.Unit 3 (Basement) was fully gutted and reimagined. Upgraded vinyl flooring, new doors, trim, and baseboards, a completely renovated kitchen with modern cabinetry and countertops, and a refreshed bathroom with new vanity and tiled shower. The spacious layout was intelligently converted from a 1+den into a true 3-bedroom unit, significantly increasing rental potential. Additional upgrades include a new exterior steel door, new fridge and stove, upgraded electrical with pot lights, and plumbing improvements.Unit 2 features a new washer and dryer, new fridge, tile work, fresh caulking, and updated door trim. Unit 1 has been refreshed with a new tiled kitchen backsplash, paint touch-ups, and updated receptacle covers.Building-wide improvements include rewiring of the electrical panel, full clean-up and debris removal, plus major capital upgrades: high-efficiency gas furnace (2019), new hot water heater and exterior door for Unit 1 (2020), new laminate flooring in Units 1 & 3 and interior doors in Unit 3 (2021), additional kitchen and bath upgrades in Unit 3, laminate flooring and doors in Unit 2, and new windows and roof (2022). Ample rear-lane parking adds further value, with potential for a fourth unit (subject to City approval) creating future upside.Walking distance to shopping, schools, parks, libraries, and transit - exactly what renters look for.This is a clean, upgraded, income-producing property in a proven rental area. Opportunities like this don't sit around. (id:62104)

Property Details

MLS® Number X12859344
Property Type Multi-family
Community Name Sudbury
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Above Ground 8
Bedrooms Total 8
Appliances All, Dryer, Washer, Window Coverings
Basement Development Finished
Basement Type N/a (finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete, Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 1,100 - 1,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 119 Ft ,8 In
Size Frontage 32 Ft ,10 In
Size Irregular 32.9 X 119.7 Ft
Size Total Text 32.9 X 119.7 Ft

https://www.realtor.ca/real-estate/29443484/365-bessie-avenue-greater-sudbury-sudbury-sudbury

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