$1,595,000

3443-3447 Errington Avenue, Greater Sudbury, Ontario

0.09

Acres

2120462

MLS® Number

281

Days on Website

$40,000

Price Change

For Sale

Listing Type

$1,595,000 | Greater Sudbury for Sale at 3443-3447 Errington Avenue Greater Sudbury

***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 8 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)

Financial and Mortgage

List Price $1,595,000
Previous Price $1,635,000
Price Reduction $40,000
Monthly Payment $6,651/month
Get Prequalified
Days on Website 281

3443-3447 Errington Avenue Details

Show Less

Construction and Lot

Bathrooms 0.00
Has Basement No
Foundation Block
Roof Asphalt shingle
Heating Baseboard heaters
Exterior Brick

Exterior of 3443-3447 Errington Avenue

Type Multi-family
Sub-Type Freehold
Amenities Golf Course, Public Transit, Schools, Shopping

Interior

Fireplace No

Information

About in Greater Sudbury

Address 3443-3447 Errington Avenue
City Greater Sudbury
Province Ontario
Postal Code P0M1L0
Amenities Golf Course, Public Transit, Schools, Shopping
Office/Brokerage REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

Map, Demographics, Characteristics

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