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90 Riverside DR Greater Sudbury, ON P3E 1G8
9,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $116
Subdivision Sudbury
MLS Listing ID X12260498
Building Age 51-99
Annual Tax Amount $8,974
Tax Year 2024
Property Sub-Type Investment
Property 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:
Location
Province ON
County Greater Sudbury
Community Sudbury
Area Greater Sudbury
Interior
Cooling No
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 40.0
Lot Depth 72.0
Listed by COMFREE