3443-3447 Errington Avenue, Chelmsford, Ontario, P0M1L0
MLS: 2126202 | Multi-family
$1,590,000
Property Description
***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!
Quick Facts
- Property Type: Multi-family
- Bedrooms: 0
- Bathrooms: 0
- Ownership: Freehold
- Basement: Full, Remodeled Basement
Detailed Features
Interior & Systems
- Heating: Baseboard heaters
- Basement: Full, Remodeled Basement
- Flooring: Laminate, Vinyl
Exterior & Construction
- Exterior: Brick
- Foundation: Block
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Zoning: C2
Listing Information
Listing History
MLS listing activity for 3443-3447 Errington Avenue, Chelmsford, Ontario, P0M1L0 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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3443-3447 Errington Avenue, Chelmsford, Ontario, P0M1L0