Property Details

3443-3447 Errington Avenue, Greater Sudbury, Ontario, P0M1L0

3443-3447 Errington Avenue, Greater Sudbury, Ontario, P0M1L0 (ID 2120462)
Representative
Realty Executives of Sudbury Ltd., Brokerage
Office
Realty Executives of Sudbury Ltd. Brokerage
Tel: 705-586-3334
Website

$1,735,000 - For sale

ID#:2120462

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:2471)

Property Details
  • Property Address:3443-3447 Errington Avenue, Greater Sudbury, Ontario, P0M1L0
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:4,051 - 7,250 sqft
  • Acreage:4,051 - 7,250 sqft
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Year-round access
Structure Details for 3443-3447 Errington Avenue, Greater Sudbury, Ontario, P0M1L0
  • Heating Type:Baseboard heaters
  • Flooring:Laminate, Vinyl
  • Basement Type:Remodeled Basement
  • Foundation Type:Block
  • Rental Equipment:Water Heater - Electric
  • Exterior Type:Brick
Amenities for 3443-3447 Errington Avenue, Greater Sudbury, Ontario, P0M1L0
  • Amenities Nearby:Golf Course, Public Transit, Schools, Shopping
Representative
Realty Executives of Sudbury Ltd., Brokerage
Office
Realty Executives of Sudbury Ltd. Brokerage
Tel: 705-586-3334
Website
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3443-3447 Errington Avenue, Greater Sudbury, Ontario, P0M1L0

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