396-400 Melvin Avenue, Sudbury, Ontario

$899,999

Previous Next

About 396-400 Melvin Avenue

Mixed-use investment property consisting of six separately metered residential apartments (4 bachelor, 1 one-bedroom and 1 two-bedroom unit) and Melvin Variety, an established convenience store business included in the sale (inventory extra at cost). The property offers multiple income streams with three vacant residential units providing immediate lease-up or renovation potential to increase revenue. The commercial space may continue to operate as a convenience store or accommodate a variety of permitted commercial uses, subject to applicable approvals. Ample on-site parking is available at the front and rear of the property, with the large rear lot offering potential for future expansion or redevelopment, subject to municipal approvals. An opportunity for investors or owner-operators seeking a mixed-use asset with existing income and value-add potential. (id:6289)

More Info on this MLS® listing

396-400 Melvin Avenue is a listing for sale in Sudbury. The MLS® number is 2129496. It's currently listed for $899,999. For more details on MLS® 2129496, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Sudbury is available now!

Selling your property?

Have a similar home to 396-400 Melvin Avenue? If you’re thinking about selling your Sudbury property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Sudbury property.

Features of 396-400 Melvin Avenue

Listing # 2129496
Price $899,999
Bathrooms 0.00
Type Multi-family

Community Information

Address 396-400 Melvin Avenue
City Sudbury
Province Ontario
Postal Code P3C4X3

Amenities

Parking Gravel, Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Baseboard heaters
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick
Roof Asphalt shingle
Foundation Concrete, Poured Concrete

Additional Information

Zoning C1(9)

Listing Details

OfficeROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?