$515,000
5.53 BTC
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365 Bessie Avenue, Greater Sudbury
$515,000
PRICE
8
BEDROOMS
3
BATHROOMS
X11960969
MLSID

365 Bessie Avenue, Greater Sudbury

Attention investors! This fully renovated triplex in a high-demand rental area is a fantastic opportunity to own a turn-key income property. Featuring three self-contained units, each with its own separate entrance and hydro meter, this property is perfect for generating strong rental income. Enjoy immediate cash flow with two out of the three units rented. Recent extensive renovations have enhanced every unit. Unit 3 (Basement) underwent a full gut renovation, with new vinyl flooring, doors, trim, and baseboards. The kitchen was fully upgraded with modern cabinets and countertops, and the bathroom was redone with a new vanity and updated shower tiles. A large living space was converted into a third bedroom, transforming the layout from a 1+den to a full 3-bedroom unit. Additional updates include a new exterior steel door, new fridge and stove, upgraded electrical with pot lights, and updated plumbing to resolve leaks. Unit 2 improvements include a new washer and dryer, a new fridge, repaired and replaced tiles, fresh caulking, and new door trim. Unit 1 was refreshed with a new tiled kitchen backsplash, paint touch-ups, and updated receptacle covers. Throughout the building, the electrical panel was rewired, and a full clean-up and junk removal were completed. Other major updates include a high-efficiency gas furnace (2019), new hot water heater and exterior door for Unit 1 (2020), new laminate flooring in Units 1 & 3, interior doors in Unit 3 (2021), kitchen and bathroom upgrades in Unit 3, new laminate flooring and doors in Unit 2, new windows, and a new roof (2022).With ample parking off the back lane and potential for a fourth unit upon City approval, this property is a smart investment. Ideally located within walking distance to shopping, schools, parks, libraries, and transit, this is a prime rental opportunity you don't want to miss!
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Summary

Address
365 Bessie Avenue
Community
MLSID
X11960969
Property Type
Triplex
Property Category
Bedrooms
8
Bathrooms
3
Kitchens
3
Taxes (Annual)
$3,397.95
Tax Year
2024
Published
February 6, 2025
Days on Market
399 Days
Possession Details
Tbd
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Inclusions

All Elfs, All Window Coverings, All Appliances, Washer and Dryers

Exclusions

Tenant Belongings

Details

Basement
Finished
Interior Features
Other
Parking Spaces
6
Parking Total
6
Parking Features
Private
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
33 Feet
Lot Depth
120 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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