44 Frood Road, Sudbury Remote Area, Ontario P3C 4Z2

Listed for:
$2,495,000
0 beds
0 baths
Listed 12 days ago
Multi-Family for rent: 44 Frood Road, Sudbury Remote Area, Ontario P3C 4Z2

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Learn more about this property
Listing provided by:
RE/MAX WEST REALTY INC.
MLS® number:
X12035318
Agent:
Marie Canonaco
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About

Frood Road / Beech Street 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:27476)

Property Highlights

MLS® Number
X12035318
Type
Multi-family
Land Size
Bldg=59.7 x 133.18 FT

Building

Building Type
Multi-Family
Square Footage
4983.6 sqft
Amenities
Public Transit, Recreation
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location