44 Frood Road, Sudbury Remote Area | Image 1

44 Frood Road

Sudbury Remote Area

  • Commercial

$2,495,000
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 30576.99

  • MLS®#: X10428682

  • Days on Site: 88 Days

  • Added: Nov 18, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX WEST REALTY INC.

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.

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Sudbury Remote Area

  • Availability Date: Tenanted

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $30,577

  • Taxes Type: Annual

Land

  • Cross Street: Frood Road / Beech S

  • Municipality District: Sudbury Remote Area

  • Lot Depth: 133.18 Feet

  • Lot Frontage: 59.7 Feet

  • Zoning: Commercial

Commercial Specific

  • Total Area: 4983.6

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Building

Map of 44 Frood Road, Sudbury Remote Area
JK-8

École séparée St-Joseph

Elementary: Catholic
1.05 km
7-8

Marymount Elementary Academy

Elementary: Catholic
0.37 km
JK-6

Queen Elizabeth II Public School

Elementary: Public
1.39 km
JK-8

St David Catholic School

Elementary: Catholic
1.20 km
JK-8

Lansdowne Public School

Elementary: Public
0.48 km
JK-8

Alexander Public School

Elementary: Public
1.02 km
9-12

N'Swakamok Native Alternative School

Secondary: Public
0.08 km
9-12

École Cap sur l'Avenir

Secondary: Public
0.53 km
9-12

Adult Day School

Secondary: Public
0.35 km
9-12

Marymount Academy Catholic School

Secondary: Catholic
0.37 km
9-12

Collège Notre-Dame

Secondary: Catholic
0.65 km
9-12

Sudbury Secondary School

Secondary: Public
0.33 km