44 FROOD ROAD Active Save Request In-Person Tour Request Virtual Tour
Sudbury Remote Area,ON P3C4Z2
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,983 sqft
Price per Sqft $500
MLS Listing ID X9240918
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Interior
Heating Hot water radiator heat
Cooling Partially air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Storm sewer