44 Frood Road Sudbury Remote Area, Ontario P3C 4Z2
$2,495,000
Welcome to 44 Frood Road, Super Rare, Turn Key 18-Plex Multi-Family Apartment Building Located In The Heart Of Downtown Sudbury. 18 Units Total Consisting Of 1 X Studio, 11 X 1 Bedroom, 6 X 2 Bedroom Units And Coin Laundry. Separate Hydro Meters. Over $1M Spent In Extensive Renovations Throughout Including New Boiler (2022) And New Roof,(2021) With 15 Year Warranty. Assumable $1.5M CMHC at 2.86%, 10 Year Term. 30 Year Amortization. **** EXTRAS **** Potential For Upside On Market Rents, Billboard Roof Signage, Potential For Additional Storeys For Increased Density Through Additional Floors, Potential Upside For Increased Rent, Potential For A Redevelopment Site With Increased Density. (id:47351)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X9240918 |
| Property Type | Multi-family |
Building
| CoolingType | Partially Air Conditioned |
| HeatingType | Hot Water Radiator Heat |
| SizeExterior | 4983.6 Sqft |
| SizeInterior | 4983.6 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Storm Sewer |
| SizeDepth | 59 Ft |
| SizeFrontage | 133 Ft |
| SizeIrregular | Bldg=133.18 X 59.74 Ft ; Irreg. |
| SizeTotalText | Bldg=133.18 X 59.74 Ft ; Irreg. |
| ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/27256276/44-frood-road-sudbury-remote-area
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August 06 2024 05:23:58
Toronto Real Estate Board
RE/MAX West Realty Inc.