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
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