Diamond Manor Apartment

address icon 394 EVA Avenue Greater Sudbury Ontario

FEATURED For Sale Date icon Apr 18, 2025

Description

Turnkey Triplex in Sudbury with Strong Income & Fully Renovated! Welcome to 394 Eva Street???a fully renovated legal triplex just steps from downtown. Ideal for investors or owner-occupiers, this property features three self-contained units: a 2-bedroom unit rented at $1,800/month, a 1-bedroom unit (projected at $1,500/month), and a bachelor unit currently rented at $1,000/month. Total gross income of $51,600/year, with net operating income of $39,279.86 and a cap rate of 8.75%. Recent upgrades include: new plumbing and electrical, newly built and fully permitted third unit (permits closed) All new kitchens, bathrooms, drywall, and flooring, rear metal roof replacement, 3 fridges, 3 stoves, 3 new microwave rangehoods, 1 new washer, and 1 new dryer. Additional features: Single attached garage, laneway parking for all units, and tenant storage areas (not secured). Located within walking distance to downtown, amenities, transit, and more. Clean, well-maintained, and fully turn-key???just add to your portfolio or move in and let the other units help pay your mortgage!

General info

  • MLS Listing ID 2121496

  • Bedrooms 0

  • Bathrooms 0

  • Year built 0

  • Heating Heat Pump, High-Efficiency Furnace, Baseboard heaters

  • Cooling Type Partially air conditioned

  • Home Style Storage in Basement

  • Floor Finish Laminate

  • Fireplace Details Smoke Detectors

  • Basement Full

Location

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