Fantastic downtown investment opportunity featuring a solid brick fourplex with four recently renovated units and strong rental income. This well maintained building is currently generating $5,000 per month in gross rental revenue, making it an excellent addition to any investment portfolio. The property features durable brick construction, a full basement, separate entrances for each unit, and a gas forced-air heating system. Situated on a deep lot, it also offers a large paved parking area with access from the front through to the rear lane. A standout feature is the large detached garage with brick siding and a metal roof, providing valuable storage or additional rental income potential. The property also generates extra income through laundry and garage rentals. Don't miss this opportunity to own a turnkey, income-producing fourplex in a convenient downtown location. Call today to book your private showing! (id:374)
| MLS # | SM262290 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 69 |
| Listing Provided By | Century 21 Choice Realty Inc. | Andrew Raplenovic |
| SQ Feet | 2,000 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Heating | Forced air |
|---|---|
| Fireplace Yes / No | No |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3144 |
|---|
| Province | ON |
|---|---|
| City | Sault Ste. Marie |
| Postal Code | P6A2L7 |
| Listing VS Median (in P6A2L7) | |
Price: $500,000 low | high Med: $500,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $250 low | high Med: $250 On site: 69 low | high Med: 69 | |
| Province | ON |
|---|---|
| City | Sault Ste. Marie |
| Postal Code | P6A2L7 |
| Listing VS Median (in P6A2L7) | |
Price: $500,000 low | high Med: $500,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $250 low | high Med: $250 On site: 69 low | high Med: 69 | |