3443-3447 Errington Avenue, Greater Sudbury

$1,735,000

***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!

General Info


MLS Listing ID: 2120462 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Block Roof: Asphalt shingle Title To Land: Freehold Parking Space Total: 0
Parking: N/A Heating: Baseboard heaters Size: N/A Air Conditioning : N/A
Home Style: N/A Finished Floor Area: Laminate, Vinyl Fireplaces: N/A Basement: Remodeled Basement
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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