44 FROOD ROAD Active

Sudbury Remote Area,ON P3C4Z2

$ 2495000

- Bed

- Bath

4983 SqFt


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 X10428682

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

Parking Features No

View Y/N No

Private Pool No

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