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105 Riverside Drive Greater Sudbury, Ontario P3E 1G7

10 Bedroom 5 Bathroom 3000 - 3500 sqft
None

$699,999

**ATTENTION INVESTORS! Prime 5-Plex in Sudbury. Discover a solid income-property opportunity in the heart of Sudbury. This well-located five-unit multiplex features five generously sized 2-bedroom apartments-four currently leased and one unit vacant, offering you either immediate revenue or the option to live-in/manage. Minutes to Bell Park, Health Sciences North (HSN) and the Downtown commercial core. With strong tenant demand, excellent walkability and proximity to major employment and lifestyle hubs, this property makes an ideal addition to your portfolio. Investor Benefits: 1. Immediate cash flow from four leased units + ability to control fifth unit vacancy. 2. Desirable 2-bed format supports stable tenancy and strong market appeal. 3. Excellent location supports both occupancy and long-term appreciation. 4. Manageable building scale - ideal for both seasoned investors and owner-operators. 5. Value-added potential through rent increases, unit upgrades or converting the vacant unit into a live-in super arrangement. 6. Excellent transit links - walkable neighbourhood, major GOVA bus routes nearby and easy access to the VIA Rail station. 7. Priced to move - exceptional value for a well-situated multifamily building. Don't miss your chance to acquire a high-demand multifamily asset in one of Northern Ontario's strongest rental markets. (id:60365)

Property Details

MLS® Number X12529020
Property Type Multi-family
Community Name Sudbury
EquipmentType Water Heater
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

BathroomTotal 5
BedroomsAboveGround 10
BedroomsTotal 10
Age 51 To 99 Years
Amenities Separate Electricity Meters
Appliances Dryer, Stove, Washer, Refrigerator
BasementDevelopment Partially Finished
BasementFeatures Apartment In Basement
BasementType N/a, N/a (partially Finished)
CoolingType None
ExteriorFinish Brick
FoundationType Concrete
StoriesTotal 2
SizeInterior 3000 - 3500 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 120 Ft
SizeFrontage 40 Ft
SizeIrregular 40 X 120 Ft
SizeTotalText 40 X 120 Ft

https://www.realtor.ca/real-estate/29087391/105-riverside-drive-greater-sudbury-sudbury-sudbury

Arushi Sidhwani
Salesperson


Century 21 Atria Realty Inc.
C200-1550 Sixteenth Ave Bldg C South
Richmond Hill, Ontario L4B 3K9

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