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• 44 Frood Rd, Sudbury Remote Area, ON P3C 4Z2

$2,495,000 ^{FOR SALE}

Investment

Lot: 133.18 x 59.74 ftTotal Area: 4,983.6 ft²
2023 Taxes: $30,576.99

44 Frood Rd
Sudbury Remote Area, ON P3C 4Z2 | Sudbury

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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.

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Listed By	RE/MAX WEST REALTY INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9240918
Last Updated	Aug 06, 2024

Property Summary

Property Type	Investment More like this: Sudbury Remote Area Investment for Sale
Use	Apartments - 13 to 20 Units
Category	Apartment
Legal Description	Pt Lt 196, Blk A, Plan 3Sa, As In S102751 City Of
Occupancy	Tenant
Taxes (2023)	$30,576.99
Tax Type	Annual
Directions/Cross Streets	Frood Road & Beech St
Area	Sudbury

Price History

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Detailed Information

Freestanding	Y
Lot	133.18 x 59.74 ft
Lot Irregularities	Irreg.
Total Area	4,983.6 ft2
Approximate Age	51-99
Elevator	None
Air Conditioning	Part
Basement	Y
Garage Type	None
Heat Type	Water Radiators
Sprinklers	N
Sewers	Storm
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Building
Zoning	Commercial
Seller Property Info Statement	N

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