44 Frood Road Sudbury, Ontario P3C 4Z2
$2,750,000
Buyer and buyer agent to verify taxes and measurements. Showings with conditional offer. Please allow 24-hour irrevocable as per seller. Assumable CMHC mortgage and/or possible Vendor Take Back mortgage. Current mortgage is $1.5 million at 2.86% with 7 more years to run with a 30 year amortization. Parking is minimal but there are several parking lots in the area that are available to rent. The new owners spent over $1,000,000 to turn these into very comfortable apartments. There is upside on the rents that will be realized when tenants turn over. Income projections are estimates only as the future is unpredictable. Aerial photos show a parking lot to the south that is not part of the offering. Please see Documents for Income and Expenses. (id:51580)
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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September 28 2023 07:29:43
Sudbury Real Estate Board
RE/MAX Crown Realty (1989) Inc., Brokerage (Sudbury)