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$ 2,495,000
Est. payment | /mo
4,983 SqFt
$ 2,495,000
Est. payment | /mo
4,983 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
Listed by RE/MAX WEST REALTY INC.
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