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:50976)
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 |
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