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:47421)
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Detailed Information
Lot
59.67 x 133.17 ft
Amenities Nearby
Public Transit, Recreation
Listing Contract Date
2024-11-18
Location Description
Frood Road / Beech Street
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
Commercial
Business
Business Type
Residential
Business Subtype
Apartments
Building
Cooling Type
Partially air conditioned
Heating Type
Hot water radiator heat
Size (Exterior)
4983.6 square feet
Type
Multi-Family
Utility Water
Municipal water
Land
Total Size
Bldg=59.7 x 133.18 FT
Amenities
Public Transit, Recreation
Size of Irregular Land
Bldg=59.7 x 133.18 FT
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