$2,495,000
Available - For Sale
Listing ID: X10428682
44 Frood Rd , Sudbury Remote Area, P3C 4Z2, Ontario
| 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. |
| Price | $2,495,000 |
| Taxes: | $30576.99 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 44 Frood Rd , Sudbury Remote Area, P3C 4Z2, Ontario |
| Postal Code: | P3C 4Z2 |
| Province/State: | Ontario |
| Lot Size: | 59.70 x 133.18 (Feet) |
| Directions/Cross Streets: | Frood Road / Beech Street |
| Category: | Apartment |
| Use: | Apts-13 To 20 Units |
| Building Percentage: | Y |
| Total Area: | 4983.60 |
| Total Area Code: | Sq Ft |
| Area Influences: | Public Transit Rec Centre |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | Part |
| Water: | Municipal |
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| RE/MAX WEST REALTY INC. |
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Bus:
416-994-5000
Fax:
416.352.5397
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At a Glance:
| Type: | Com - Investment |
| Area: | Sudbury |
| Municipality: | Sudbury Remote Area |
| Lot Size: | 59.70 x 133.18(Feet) |
| Tax: | $30,576.99 |
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