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X7000188
$349,900

340 Melvin Ave (Melvin / Kathleen)

Price: $349,900

Status: For Sale 

MLS®#: X7000188

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$349,900
  • Tax: $2,490.78 (2023)
  • Community:Sudbury
  • City:Greater Sudbury
  • Type:Residential
  • Style:Duplex (2-Storey)
  • Beds:2+3
  • Bath:2
  • Size:1500-2000 Sq Ft
  • Basement:Sep Entrance (Unfinished)
  • Age:51-99 Years Old

Features:

  • ExteriorVinyl Siding
  • HeatingForced Air, Gas
  • Sewer/Water SystemsSewers, Municipal

Listing Contracted With: SEARCH REALTY CORP.

Description

Welcome to this completely updated legal duplex, so many avenues of cashflow on this one! Each unit is equipped with its own meter. The first unit, previously rented at $1650.00 monthly, is now available for a new tenant, or for you to live in. The upstairs unit generates $1450.00 monthly, tenant pays hydro. Boost your income potential by creating a third unit in the basement, which comes with a separate entrance and awaits your touch. Plus, an additional income stream is provided by the shared coin-operated laundry room available for all tenants, earning bringing in an additional $800-$1000. No expenses spared on the renovations of this property, taken down to studs in 2022, this home has new insulation, all new electrical, new panels, new roof, new kitchens, bathrooms, flooring and more. Priced to sell. Book a showing today!

Highlights

Home features a large detached shed that can also be rented for additional income.

Want to learn more about 340 Melvin Ave (Melvin / Kathleen)?

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Alex Price

Real Estate Broker/Mortgage Agent

Search Realty Corp., Brokerage / Search Mortgage Corp. : Br#12652 : Lic#M08008042 / M20000106

Better Price with Alex Price!
Alex Price

Alex Price

Real Estate Broker/Mortgage Agent

Search Realty Corp., Brokerage / Search Mortgage Corp. : Br#12652 : Lic#M08008042 / M20000106

Better Price with Alex Price!

50 Village Centre Pl Suite 100, Mississauga, Ontario, L4Z 1V9

alexpricetoronto@gmail.com

1 (647) 403-4282

1 (888) 999-6062

(855) 500-7653
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