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. |
Price | $2,495,000 |
Taxes: | $30576.99 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 44 Frood Rd , Sudbury Remote Area, P3C 4Z2, Ontario |
Postal Code: | P3C 4Z2 |
Province/State: | Ontario |
Lot Size: | 59.70 x 133.18 (Feet) |
Directions/Cross Streets: | Frood Road / Beech Street |
Category: | Apartment |
Use: | Apts-13 To 20 Units |
Building Percentage: | Y |
Total Area: | 4983.60 |
Total Area Code: | Sq Ft |
Area Influences: | Public Transit Rec Centre |
Heat Type: | Water Radiators |
Central Air Conditioning: | Part |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX WEST REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Sudbury |
Municipality: | Sudbury Remote Area |
Lot Size: | 59.70 x 133.18(Feet) |
Tax: | $30,576.99 |