367 Frood Road, Sudbury, Ontario, P3C4Z7
This investment opportunity should not be overlooked. This legal Fourplex is comprised of two bachelor units, one single bedroom unit, and a three-bedroom unit, a capitalization rate of 5% (assuming vacant unit is rented at market rate). There is additional potential for further increase in the capitalization rate. This property is particularly suited for experienced investors with renovation expertise. Notably, a quarter of the roof has undergone recent re-shingling, while the one-bedroom unit has been recently updated and is currently vacant, ready to set your own rate. Additionally, the front deck is a mere three years old, while the side deck is brand new. (id:2471)
RE/MAX Crown Realty (1989) Inc. Brokerage - Sudbury
- Property Address: 367 Frood Road, Sudbury, Ontario, P3C4Z7
- Property Type: Multi-family
- Zoning Description: R2-3
- Title: Freehold
- Acreage: 0-4,050 sqft
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Driveway: Gravel, Parking Space(s)
- Storeys: 2
- Basement Type: Partial
- Cooling: None
- Exterior Type: Brick
- Flooring: Hardwood, Linoleum, Carpeted
- Foundation Type: Block
Listing Office: CENTURY 21 INTEGRITY, BROKERAGE
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