Realty Executives of Sudbury Ltd.

Steve Caswell

Steve Caswell

Broker

Realty Executives of Sudbury Ltd.

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3443-3447 Errington Avenue
Greater Sudbury Ontario P0M1L0 Canada

$1,735,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 2120462
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Multi-family

$1,735,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 2120462
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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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Brick
  • Floor Covering: Laminate, Vinyl
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: Baseboard heaters
  • Additional Features
  • Basement
Listing Changed: 2/12/2025 2:50:19 PM GMT
Source Updated Date: 3/14/2025 11:50:43 PM GMT

Courtesy of: GARY DOYLE, Salesperson, REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE