For Sale: 3443-3447 Errington Avenue, Greater Sudbury, ON - REW
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$1,590,000
0 bd • ba • sf • Multifamily
3443-3447 Errington Avenue
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$1,590,000
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3443-3447 Errington AvenueGreater Sudbury, ON, P0M 1L0

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

***SELLER MAY ASSIST WITH 2nd MORTGAGE VENDOR FINANCING*** CAPITALIZATION RATE 9.01% - 16 UNITS - UNIQUE INVESTMENT OPPORTUNITY - 2 PURPOSE BUILT 8 UNIT BUILDINGS - PRESENT AND FUTURE POSSIBILITIES 3443 Errington Ave - the Seller has by design left 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:63626)
Listed by: GARY DOYLE, Salesperson, REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

Home facts and features

Price details
List Price
$1,590,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
Title
Freehold
Exterior Finish
Brick
Heating Type
Baseboard heaters
Basement Details
Full, Remodeled Basement
Agent details
Primary Agent
GARY DOYLE
Primary Broker
REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
Listing details
Days on REW
147 Days
Property Views
93
MLS® Number
2126202
Source
Canadian Real Estate Association
Board
Sudbury Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Chelmsford Public School
  • Public
  • JK - 8
ÉS Catholique Champlain
  • Catholic
  • 9 - 12
École Alliance St-Joseph
  • Catholic
  • JK - 8
St Charles Catholic School
  • Catholic
  • JK - 8
École publique Pavillon-de-l'Avenir
  • Public
  • JK - 8
Chelmsford Valley District School
  • Public
  • 7 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
GARY DOYLE
Phone:
(705) 586-3334
Office:
705-586-3334
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.