4,984 ft2
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:46421)
Business
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Business Type
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Residential |
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Business Sub Type
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Apartments |
Property Details
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MLS® Number
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X10428682 |
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Property Type
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Multi-family |
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Amenities Near By
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Public Transit, Recreation |
Building
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Cooling Type
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Partially Air Conditioned |
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Heating Type
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Hot Water Radiator Heat |
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Size Exterior
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4983.6 Sqft |
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Size Interior
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4,984 Ft2 |
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Type
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Multi-family |
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Utility Water
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Municipal Water |
Land
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Acreage
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No |
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Land Amenities
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Public Transit, Recreation |
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Size Depth
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133 Ft ,2 In |
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Size Frontage
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59 Ft ,8 In |
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Size Irregular
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Bldg=59.7 X 133.18 Ft |
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Size Total Text
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Bldg=59.7 X 133.18 Ft |
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Zoning Description
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Commercial |
https://www.realtor.ca/real-estate/27660697/44-frood-road-sudbury-remote-area