44 Frood Road, Sudbury Remote Area, Ontario

$2,495,000

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4,984

Square feet

About 44 Frood Road

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:36535)

Features of 44 Frood Road

Listing # X10428682
Price $2,495,000
Bathrooms 0.00
Square Footage 4,984
Acres 0.00
Type Multi-family

Community Information

Address 44 Frood Road
City Sudbury Remote Area
Province Ontario
Postal Code P3C4Z2

Amenities

Amenities Public Transit, Recreation
Is Waterfront No
Has Pool No

Interior

Heating Hot water radiator heat
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=59.7 x 133.18 FT

Listing Details

OfficeCourtesy Of MARIE CANONACO Of RE/MAX WEST REALTY INC.

Listing Map