44 Frood Road, Sudbury Remote Area | Image 1

44 Frood Road

Sudbury Remote Area

  • Commercial

$X,XXX,XXX
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: Commercial

  • Age: 51-99 years

  • Taxes: 30576.99

  • MLS®#: X8141740

  • Days on Site: 4 Days

  • Added: Mar 14, 2024 (1 week 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

  • Age: 51-99

  • Area: Sudbury Remote Area

  • Availability Date: 30/60/90

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: Pt Lt 196, Blk A, Plan 3Sa, As In S102751 City Of

  • Taxes: $30,577

  • Taxes Type: Annual

Land

  • Cross Street: Frood Road & Beech S

  • Municipality District: Sudbury Remote Area

  • Sewer: Storm

  • Lot Depth: 59.74 Feet

  • Lot Frontage: 133.18 Feet

  • Lot Irregularities: Irreg.

  • Zoning: Commercial

Commercial Specific

  • Sprinklers: N

  • Total Area: 4983.6

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Financial Statement: N

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