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3443-3447 Errington Avenue

Errington AveSudburyON, P0M 1L0

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Beds
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Baths
$1,735,000
List Price
3443-3447 Errington Avenue, Sudbury, ON - 1 of 3
3443-3447 Errington Avenue, Sudbury, ON - 2 of 3
3443-3447 Errington Avenue, Sudbury, ON - 3 of 3
42 days on market

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 . ... Show More

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:54626)

Property Details

Build

Year Built
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Model Name
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Basement
-
Exterior
Brick
Foundation
Block
Builder Name
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Stories
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Flooring
Laminate, Vinyl
Roof
Asphalt shingle

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system

Ownership Details

Ownership

Title
Freehold
Zoning
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Source

Listing Brokerage

MLS® Listing
2120462
Last Updated
February 12, 2025
Brokerage
REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
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