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

  • $2,495,000
44 Frood Road, Sudbury Remote Area, ON P3C 4Z2
  • X12035318
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 4983.6
  • Sqft
Active For Sale
44 Frood Road, Sudbury Remote Area, ON P3C 4Z2
44 Frood Road, Sudbury Remote Area, ON P3C 4Z2
  • $2,495,000

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.

Details

MLS® Number
X12035318
Property Size
4983.6 Sqft
Updated on March 21, 2025 at 8:47 pm

Additional details

  • Utilities: Yes
  • Cooling: Partial
  • County: Sudbury
  • Property Type: Commercial Sale
  • Community Features: Public Transit,Recreation/Community Centre

Address

  • Address 44 Frood Road
  • City Sudbury Remote Area
  • State/county ON
  • Zip/Postal Code P3C 4Z2

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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