3443-3447 Errington Avenue Greater Sudbury, Ontario P0M 1L0
$1,595,000
***SELLER WILL ASSIST WITH VENDOR FINANCING*** CAPITALIZATION RATE 8.75% - 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:60234)
Property Details
| MLS® Number | 2120493 |
| Property Type | Multi-family |
| Amenities Near By | Golf Course, Public Transit, Schools, Shopping |
| Equipment Type | Water Heater - Electric |
| Rental Equipment Type | Water Heater - Electric |
Building
| Basement Type | Remodeled Basement |
| Exterior Finish | Brick |
| Flooring Type | Laminate, Vinyl |
| Foundation Type | Block |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Golf Course, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | 4,051 - 7,250 Sqft |
| Zoning Description | C2 |
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July 03 2025 05:50:25
Sudbury Real Estate Board
Realty Executives Of Sudbury Ltd, Brokerage