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44 Frood Road

, Downtown Sudbury, Sudbury, ON, P3C 4Z2

-
Beds
-
Baths
4,983
Sq. Ft.
$2,495,000
List Price
Details
Photos
15
Comparables
History
44 Frood Road, Sudbury, ON - 1 of 3
44 Frood Road, Sudbury, ON - 2 of 3
44 Frood Road, Sudbury, ON - 3 of 3
New
8 days on market

Quick Summary

  • Rare 18-unit multi-family apartment building
  • Extensive $1M+ renovations with new boiler and roof
  • Assumable $1.5M CMHC mortgage at 2.86%, 10-year term
  • Potential for upside on market rents
  • Potential for additional storeys and increased density
  • Potential for redevelopment with increased density
  • Coin laundry and separate hydro meters
  • Prime downtown Sudbury location

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... Show More

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:54626)

Property Details

Size

4,983 sq. ft.
0 Beds
0 Baths

Lot

Size
716′0″ * 1597′12″
Acres
-

Heating & Cooling

Heating
Hot water radiator heat
Cooling
Partially air conditioned

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X10428682
Last Updated
November 18, 2024
Brokerage
RE/MAX WEST REALTY INC.
Powered by: REALTOR.ca
Call us 800-591-0566

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