$1,120,000
Available - For Sale
Listing ID: X12260498
90 Riverside Driv , Greater Sudbury, P3E 1G8, Greater Sudbury
| 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: |
| Price | $1,120,000 |
| Taxes: | $8974.08 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 90 Riverside Driv , Greater Sudbury, P3E 1G8, Greater Sudbury |
| Postal Code: | P3E 1G8 |
| Province/State: | Greater Sudbury |
| Legal Description: | LT 13 PL 52S MCKIM; GREATER SUDBURY |
| Directions/Cross Streets: | Broadway St & Riverside Dr |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 9600.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Approximatly Age: | 51-99 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Outside Storage: | F |
| Rail: | N |
| Height Feet: | 5 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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Nikki Shahebrahim
Broker
Dir:
647-830-7200
Bus:
905-597-0800
Fax:
905-597-0868
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At a Glance:
| Type: | Com - Investment |
| Area: | Greater Sudbury |
| Municipality: | Greater Sudbury |
| Neighbourhood: | Sudbury |
| Approximate Age: | 51-99 |
| Tax: | $8,974.08 |
| Fireplace: | N |
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