3443-3447 Errington Avenue, Greater Sudbury, Ontario, CA

Address: 3443-3447 Errington Avenue, Greater Sudbury, Ontario

0 Beds0 Baths0 sqftStatus: Buy
Price $1,595,000

Property Overview


***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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Title
Freehold
Land Size
4,051 - 7,250 sqft
Building
Interior Features
Flooring
Laminate, Vinyl
Basement Type
Remodeled Basement
Building Features
Foundation Type
Block
Rental Equipment
Water Heater - Electric
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Land
Other Property Information
Zoning Description
C2
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Your Home Finance Calculation

Property Price CA $1,595,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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