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44 Frood Road Sudbury, Ontario P3C 4Z2

None Boiler

$2,850,000

Welcome to 44 Frood Road. Turn-Key 18-Plex MultiFamily 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. 18 separate hydro meters, over $1M spent in renovations for units and building, brand new roof (April 2021), windows replaced with vinyl, fire escapes, all exterior doors replaced with steel doors. The building is across the street from The Beer Store and many restaurants are very close for tenant's convenience. This section of town is undergoing significant changes with buildings being bought up and renovated. New Scotia Bank Wealth Management moving in around the corner in a newly constructed building. This building generates good income and the CMHC mortgage at 2.81% is assumable and has 7 years to run. (id:36938)

Property Details

MLS® Number 2110429
Property Type Multi-family
Neigbourhood Sudbury
Amenities Near By Public Transit, Schools, Shopping, University
Equipment Type Rental Dryer - Electric, Rental Washer
Rental Equipment Type Rental Dryer - Electric, Rental Washer
Road Type Paved Road
Storage Type Unknown

Building

Basement Type Full
Cooling Type None
Exterior Finish Brick
Fire Protection Alarm System, Full Sprinkler System
Flooring Type Laminate
Foundation Type Concrete, Poured Concrete
Heating Type Boiler
Roof Material Membrane
Roof Style Unknown
Stories Total 2
Utility Water Municipal Water

Parking

See Remarks

Land

Access Type Year-round Access
Acreage No
Land Amenities Public Transit, Schools, Shopping, University
Sewer Municipal Sewage System
Size Total Text 4,051 - 7,250 Sqft
Zoning Description C6

https://www.realtor.ca/real-estate/25460095/44-frood-road-sudbury

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