-44 Frood Rd (Frood Road / Beech Street)

Price : $2,495,000.00 , Status : Sale , MLS®# : X10428682

PUVANESWARANATHAN
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.

Highlights

Property Details
  • Community:
  • City: Sudbury Remote Area
  • Property Type: Commercial
  • Style: Investment()
  • Bath:
  • Garages: None ( Space)
Features
  • Heating: Water Radiators ,

Listing Contracted With: RE/MAX WEST REALTY INC.