15
See all 15 photos
$699,999
Est. payment /mo
10 Beds
5 Baths
New
105 Riverside DR Greater Sudbury, ON P3E 1G7
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Sudbury
MLS Listing ID X12529020
Style 2-Storey
Bedrooms 10
Annual Tax Amount $6,318
Tax Year 2024
Property Sub-Type Multiplex
Property Description
**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.
Location
Province ON
County Greater Sudbury
Community Sudbury
Area Greater Sudbury
Rooms
Family Room No
Basement Apartment, Partially Finished
Kitchen 5
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Flat
Lot Frontage 40.0
Lot Depth 120.0
Total Parking Spaces 4
Building
Building Age 51-99
Foundation Concrete
Others
ParcelsYN Yes
Listed by CENTURY 21 ATRIA REALTY INC.
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