44 Frood Road Sudbury, Ontario P3C 4Z2
$2,750,000
Welcome to 44 Frood Road. Turn-Key 18-Plex MultiFamily 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. 18 separate hydro meters, over $1M spent in renovations for units and building, brand new roof (April 2021), windows replaced with vinyl, fire escapes, all exterior doors replaced with steel doors. The building is across the street from The Beer Store and many restaurants are very close for tenant's convenience. This section of town is undergoing significant changes with buildings being bought up and renovated. New Scotia Bank Wealth Management moving in around the corner in a newly constructed building. This building generates good income and the CMHC mortgage at 2.81% is assumable and has 7 years to run. (id:51211)
Property Details
| MLS® Number | 2110429 |
| Property Type | Multi-family |
| Neigbourhood | Sudbury |
| Amenities Near By | Public Transit, Schools, Shopping, University |
| Equipment Type | Rental Dryer - Electric, Rental Washer |
| Rental Equipment Type | Rental Dryer - Electric, Rental Washer |
| Road Type | Paved Road |
| Storage Type | Unknown |
Building
| Basement Type | Full |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Alarm System, Full Sprinkler System |
| Flooring Type | Laminate |
| Foundation Type | Concrete, Poured Concrete |
| Heating Type | Boiler |
| Roof Material | Membrane |
| Roof Style | Unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Parking
| See Remarks |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools, Shopping, University |
| Sewer | Municipal Sewage System |
| Size Total Text | 4,051 - 7,250 Sqft |
| Zoning Description | C6 |
https://www.realtor.ca/real-estate/25460095/44-frood-road-sudbury
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September 24 2023 03:58:07
Sudbury Real Estate Board
RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)