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Royal LePage
Royal LePage
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$949,500

Sault Ste. Marie ON, P6C 2H9

MLS® # SM253131

Property Information:

Welcome to 128 Second Line West ($949,500), an exceptional multi-unit income property offering immediate cash flow and incredible long-term development potential. This solid six-unit building features four 2-bedroom apartments, one 1-bedroom unit, and one spacious 3-bedroom unit, providing a balanced mix of rental options to attract a variety of tenants. Situated on an impressive 475-foot deep lot, this property opens the door to future possibilities and envision constructing another 6-plex, commercial building, or mixed-use development, subject to city approval. With the 6-plex itself, the groundwork is already laid for success, with a brand-new $43,000 maintenance-free metal roof that was recently installed, ensuring peace of mind for years to come. While some updating would enhance returns and appeal, the fundamentals are rock-solid: strong structure, desirable location, and exceptional land value. Located close to grocery stores, shopping and strip malls, the Beer Store, and countless amenities, tenants enjoy unmatched convenience. This is more than a property, it's an investment in growth, flexibility, and long-term security. Don't miss your chance to add a cornerstone asset to your portfolio. Call for additional information or to book a showing. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Basement Type: Full
  • Exterior Finish: Brick, Siding
  • Floor Space: 4352 sqft
  • Heating Type: Baseboard heaters, Forced air

Property Features:

  • Property Type: Multi-family
  • Access Type: Road access
  • Built in: 1949
  • Communication Type: High Speed Internet
  • Community Features: Bus Route
  • Floor Space (approx): 4352 Square Feet
  • Lot Frontage: 71.02
  • Structure Type: Workshop
  • Utility Type: Hydro - Available, Natural Gas - Available, Telephone - Available, Cable - Available
  • Sewer: Municipal sewage system

Courtesy of: Century 21 Choice Realty Inc.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 128 Second LIN W, Sault Ste. Marie, Ontario, P6C 2H9

Demographic Information of 128 Second LIN W, Sault Ste. Marie, Ontario, P6C 2H9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,628.11

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.55 %

High school certificate or equivalent

35.5 %

Apprenticeship trade certificate/diploma

4.52 %

College/non-university certificate

27.56 %

University certificate (below bachelor)

2.24 %

University Degree

7.63 %

Commuter

Travel To Work

By Car

86.76 %

By Public Transit

3.76 %

By Walking

2.14 %

By Bicycle

0.0 %

By Other Methods

7.34 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.14 %

Houses

87.86 %

Own Vs. Rent

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