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$2,495,000
Available - For Sale
Listing ID: X10428682
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.
Price $2,495,000
Taxes: $30,576.99
Tax Type: Annual
Occupancy by: Tenant
Address: 44 Frood Rd , Sudbury Remote Area, P3C 4Z2, Ontario
Postal Code: P3C 4Z2
Province/State: Ontario
Lot Size: 59.7 x 133.18 (Feet)
Directions/Cross Streets: Frood Road / Beech Street
Zoning: Commercial
Category: Apartment
Use: Apts-13 To 20 Units
Building Percentage: Y
Total Area: 4,983.6
Total Area Code:  Sq Ft
Area Influences: Public Transit   Rec Centre
Heat Type: Water Radiators
Central Air Conditioning: Part
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX WEST REALTY INC.

44 Frood Rd , Sudbury Remote Area, P3C 4Z2, Ontario


 
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Type: Com - Investment
Area: Sudbury
Municipality: Sudbury Remote Area
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Lot Size: 59.70 x 133.18(Feet)
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Tax: $30,576.99
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