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Home ON Greater Sudbury Chelmsford
3443-3447 Errington Avenue
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3443-3447 Errington Avenue $1,735,000
$1,735,000
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3443-3447 Errington Avenue
Greater Sudbury, Ontario P0M1L0

MLS® Number: 2120493

Listing Description

***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! (29944290)

Property Summary

Property Type
Multi-family
Title
Freehold
Land Size
4,051 - 7,250 sqft
Time on REALTOR.ca
78 days

Building

Interior Features
Flooring
Laminate, Vinyl
Basement Type
Remodeled Basement
Building Features
Foundation Type
Block
Rental Equipment
Water Heater - Electric
Total Units
16
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Asphalt shingle)
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Golf Course, Public Transit, Schools, Shopping

Land

Other Property Information
Access
Year-round access
Zoning Description
C2
Data provided by: Sudbury Real Estate Board 190 Elm Street, Sudbury, Ontario P3C 1V3

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