Matthew Tenk
Broker of Record
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:39551)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X10428682 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Recreation |
Building
| Cooling Type | Partially Air Conditioned |
| Fireplace Present | No |
| Heating Type | Hot Water Radiator Heat |
| Size Exterior | 4983.6 Sqft |
| Size Interior | 4983.6 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 133 Ft ,2 In |
| Size Frontage | 59 Ft ,8 In |
| Size Irregular | Bldg=59.7 X 133.18 Ft |
| Size Total Text | Bldg=59.7 X 133.18 Ft |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/27660697/44-frood-road-sudbury-remote-area
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Toronto Real Estate Board
RE/MAX West Realty Inc.
November 18 2024 04:51:33
