
340 Melvin Avenue
Greater Sudbury - Sudbury
340 Melvin Avenue
Greater Sudbury - Sudbury
Sold For$335,000
Listed For $349,900
Sold Oct 2023

Greater Sudbury - Sudbury
Greater Sudbury - Sudbury
Sold For$335,000
Listed For $349,900
Sold Oct 2023
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.
* Values are estimates only and not a guarantee of lending or affordability.
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