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44 Frood Road Sudbury Remote Area, Ontario P3C 4Z2

4983.6 sqft
Partially Air Conditioned Hot Water Radiator Heat

$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:50886)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X10428682
Property Type Multi-family
AmenitiesNearBy Public Transit, Recreation

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
LandAmenities Public Transit, Recreation
SizeDepth 133 Ft ,2 In
SizeFrontage 59 Ft ,8 In
SizeIrregular Bldg=59.7 X 133.18 Ft
SizeTotalText Bldg=59.7 X 133.18 Ft
ZoningDescription Commercial

https://www.realtor.ca/real-estate/27660697/44-frood-road-sudbury-remote-area

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Marie Canonaco
Salesperson


RE/MAX West Realty Inc.

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