90 Riverside Drive, Greater Sudbury, Ontario P3E 1G8

Listed for:
$1,020,000
0 beds
0 baths
Listed 135 days ago
Multi-Family for rent: 90 Riverside Drive, Greater Sudbury, Ontario P3E 1G8

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Listing provided by:
COMFREE
MLS® number:
X12260498
Agent:
Erin Holowach
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About

Cross Streets: Broadway St & Riverside Dr. ** Directions: From Brady St to Broadway St, turn right on Riverside Dr. Prime Investment Opportunity: The Anna 6-Plex with In-Law Suite in Sudbury Discover The Anna, a well maintained 6-plex with an additional2-bedroom in-law suite, strategically located in the heart of Sudbury. This turnkey multi-family property combines modern upgrades, reliable cash flow, and low maintenance, making it an exceptional investment opportunity. Property Highlights Configuration: Seven spacious 2-bedroom units, including one in-law suite, all fully occupied with a mix of long-term tenants at near-market rental rates. Rental Income: Unit 1: $1,600/month (all-inclusive)Unit 2: $1,650/month + hydro Unit 3: $1,450/month + hydro Unit 4: $1,450/month + hydro Unit 5: $1,300/month + hydro Unit 6: $1,350/month + hydro Unit 7: $1,620/month (all-inclusive)Laundry: $300/month Total Monthly Income: $9,720Annual Gross Income: $116,640Taxes 2025Modern Upgrades:$8974Updated kitchens and refreshed bathrooms in all units. Fresh paint and hardwood flooring in most units, enhancing tenant appeal. Six units feature private walkout porches, providing desirable outdoor living space. Cost-Efficient Operations: Six units equipped with individual hydro meters; tenants in five units cover their own hydro expenses, minimizing owner costs. New boiler installed in 2022 for reliable heating. Rented hot water tank on-site coin laundry facilities add convenience and reduce maintenance overhead. Investment Advantages: (id:27476)

Property Highlights

MLS® Number
X12260498
Type
Multi-family
Community Name
Sudbury
Land Size
Bldg=40 x 72 FT
Parking Space Total
5

Building

Building Type
Multi-Family
Square Footage
9600 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location