Selling

90 Riverside Drive, Greater Sudbury, ON P3E 1G8

$1,120,000

  • (0)
  • 11 Views
  • Sep 14, 2025
  • Greater Sudbury, Sudbury

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Description
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:
Overview
Property ID: X12260498
Type: Investment
Square: 9,600 m²
Price: $1,120,000
PropertyType: Commercial
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: No
Heating: Gas Hot Water
ParkingFeatures: None
YearBuilt: 51-99
TaxAnnualAmount: 8974.08
PossessionDetails: Flexible
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