90 Riverside Drive, Greater Sudbury, ON Image 1

$1,120,000

Investment For Sale
MLS - #X12260498
5 days ago- By COMFREE

90 Riverside Drive, Greater Sudbury, ON P3E 1G8

Bed
Bath
9600 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

9600 Sqft

About 90 Riverside Drive

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:

Home Overview

Last updated

5 days ago

Virtual tour

None

Basement information

Building size

9600

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Hot Water
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
112000000.0%
Higher than average

Price Comparison

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Walk Score for 90 Riverside Drive

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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