44 Frood Road, Sudbury Remote Area | Image 1

44 Frood Road

Sudbury Remote Area

  • Commercial

$2,495,000
For Sale

Added 1 month 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

  • Added: Nov 18, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 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