53 Main Street E, Greater Sudbury (rayside-Balfour), Ontario

$399,900

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5

Beds

3

Baths

About 53 Main Street E

Attention investors! Discover this cash-flowing triplex offering a standout opportunity with $47,522 in annual income and a solid net operating income of $32,743. Featuring two 2-bedroom units and one 1-bedroom unit, the property is separately metered for hydro, with two of the three tenants paying their own utilities. Recent upgrades include all-new windows, an efficient natural gas furnace, and a 2019 roof replacement on most sections of the property (with just one section remaining). Financials are available upon request. Unit 3 is currently tenanted but offers excellent value-add potential with some updates needed, giving investors the chance to increase returns even further. Located in a quiet town just a short drive from Sudbury, this triplex offers convenient access to schools, parks, shopping, and public transit. A rare chance to secure a cash-flowing asset in a desirable location - don't miss out! (id:6289)

Features of 53 Main Street E

Listing # X12076787
Price $399,900
Bedrooms 5
Bathrooms 3.00
Acres 0.00
Type Multi-family

Community Information

Address 53 Main Street E
Subdivision Rayside-Balfour
City Greater Sudbury (rayside-Balfour)
Province Ontario
Postal Code P0M1L0

Amenities

Amenities Separate Electricity Meters
Parking Spaces 3
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water meter, Stove, Refrigerator
Heating Natural gas Forced air
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Vinyl siding
Lot Description 50 x 99.5 FT
Foundation Concrete

Listing Details

OfficeEXP REALTY

Listing Map

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Listing information last updated on October 20th, 2025 at 6:46pm PDT.