10 Beds 5 Bath

105 Riverside Drive, Greater Sudbury, ON P3E 1G7

Greater Sudbury P3E 1G7 Ontario

MLS: X12529020

$699,999

Added 3 hours ago | For Sale

Listed by: CENTURY 21 ATRIA REALTY INC.

About Property

**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.

Features

  • House Style:Multiplex
  • Bathrooms:5
  • Land Size: 40 X 120
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:DOUGLAS ST W AND RIVERSIDE DR
  • Basement:Apartment,Partially Finished , Apartment,Partially Finished
  • Possession Date:IMMEDIATE
  • Annual Property taxes: $6318
  • Bedrooms:10
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Water
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12529020

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