New ListingAn accessible entry point into multifamily ownership! Centrally located, 346-348-350 Kathleen Street offers an entry-level triplex generating a 12.61% capitalization rate. Priced right, this property presents an opportunity for investors and buyers looking to make their first home purchase work harder. The vacant two-bedroom unit allows a buyer to move in and benefit from rental income from the other two units to help offset ownership costs. For BRRR investors, there is potential to build equity through strategic improvements, strengthen rental income and explore refinancing as value is added. Whether you're starting your investment portfolio or purchasing a home with additional income, this triplex is worth a closer look. (id:13843)
| MLS # | 2131153 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 7 |
| Listing Provided By | REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE | GARY DOYLE |
| Basement | Y |
|---|---|
| Zoning | R2-3 |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Other |
| Fireplace Yes / No | No |
| Roof | Asphalt shingle, Unknown |
|---|---|
| Foundation Details | Poured Concrete |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Province | ON |
|---|---|
| City | Sudbury |
| Postal Code | P3C2M2 |
| Listing VS Median (in P3C2M2) | |
Price: $225,000 low | high Med: $0 On site: 7 low | high Med: | |
| Province | ON |
|---|---|
| City | Sudbury |
| Postal Code | P3C2M2 |
| Listing VS Median (in P3C2M2) | |
Price: $225,000 low | high Med: $0 On site: 7 low | high Med: | |
![]() | $260,000341 MelvinSudbury, ON P3C4X2 |