90 Riverside Drive Greater Sudbury (Sudbury), Ontario P3E 1G8
$1,120,000
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:48755)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12260498 |
| Property Type | Multi-family |
| Community Name | Sudbury |
| Amenities Near By | Public Transit |
| Parking Space Total | 5 |
Building
| Age | 51 To 99 Years |
| Appliances | Dryer, Hood Fan, Washer |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Exterior | 9600 Sqft |
| Size Interior | 9600 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 72 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | Bldg=40 X 72 Ft |
| Size Total Text | Bldg=40 X 72 Ft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/28553793/90-riverside-drive-greater-sudbury-sudbury-sudbury
Interested?
Contact us for more information
Erin Holowach
Salesperson
151 Yonge Street Unit 1500
Toronto, Ontario M5C 2W7
(877) 297-1188
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July 03 2025 11:03:50
Ottawa Real Estate Board
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