For Sale: 3692 Highway 144

Money-making 10plex next to Signatures restaurant in Chelmsford. Several of the units have been updated this year. New decks have been installed, and 7 of 10 tenants pay their own hydro. Including an allowance for vacancy, maintenance/repairs, and management, the property shows a Net Income of approx $41,323.82 which represents a CAP Rate of 8.81%! Potential for increased Net and improved operating efficiencies for a hands on investor.

Listing ID: MLS #2077232
Asking Price: $469,000
Taxes / CAM: $11,820.75 (2019)
Zoning: C2
August 15, 2019

Location:

© 2019Greater Sudbury Commercial Real Estate – Chris Tammi (Broker) – Mallette-Goring Inc., Brokerage
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