3443-3447 Errington Avenue, Greater Sudbury, Ontario P0M 1L0

Listed for:
$1,735,000
0 beds
0 baths
Listed 3 days ago
3443-3447 Errington Avenue, Greater Sudbury, Ontario P0M 1L0

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Learn more about this property
Listing provided by:
REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
MLS® number:
2120493
Agent:
Gary Doyle
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About

***SELLER WILL ASSIST WITH VENDOR FINANCING*** CAPITALIZATION RATE 8.01% - 16 UNITS - UNIQUE INVESTMENT OPPORTUNITY - 2 PURPOSE BUILT 8 UNIT BUILDINGS - PRESENT AND FUTURE POSSIBILITIES 3443 Errington Ave - the Seller has by design left 7 units VACANT to allow a future Investor the opportunity to select Tenants and immediately achieve market rent to maximize the Net Operating Income . 3447 Errington Ave - the Seller has by design left 2 units VACANT. The opportunity as Tenants turnover to achieve market rent provides an Investor a tremendous upside to increase the Net Operating Income going forward. Located in the quiet community of Chelmsford in the City of Greater Sudbury. Grocery Store, Bank, Laundromat. Fitness Center and Restaurants all within walking distance. There is also ample parking for Tenants and Guests. Don't miss this chance to add significant value to your portfolio! (id:27476)

Property Highlights

MLS® Number
2120493
Type
Multi-family
Ownership Type
Freehold
Land Size
4,051 - 7,250 sqft

Building

Amenities
Golf Course, Public Transit, Schools, Shopping
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Remodeled Basement
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location