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:38174)
| MLS® Number | 2120493 |
| Property Type | Multi-family |
| AmenitiesNearBy | Golf Course, Public Transit, Schools, Shopping |
| EquipmentType | Water Heater - Electric |
| RentalEquipmentType | Water Heater - Electric |
| BasementType | Remodeled Basement |
| ExteriorFinish | Brick |
| FlooringType | Laminate, Vinyl |
| FoundationType | Block |
| HeatingType | Baseboard Heaters |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| UtilityWater | Municipal Water |
| AccessType | Year-round Access |
| Acreage | No |
| LandAmenities | Golf Course, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeTotalText | 4,051 - 7,250 Sqft |
| ZoningDescription | C2 |
https://www.realtor.ca/real-estate/27823797/3443-3447-errington-avenue-greater-sudbury
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
