3443-3447 Errington Avenue, Greater Sudbury, Ontario

$1,735,000

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0.09

Acres

About 3443-3447 Errington Avenue

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:6289)

Features of 3443-3447 Errington Avenue

Listing # 2120493
Price $1,735,000
Bathrooms 0.00
Acres 0.09
Type Multi-family
Sub-Type Freehold

Community Information

Address 3443-3447 Errington Avenue
City Greater Sudbury
Province Ontario
Postal Code P0M1L0

Amenities

Amenities Golf Course, Public Transit, Schools, Shopping
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Asphalt shingle
Foundation Block

Listing Details

OfficeREALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

Listing Map

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