$179,000

Sault Ste. Marie ON, P6B 2P6

MLS® # SM253087

Property Information:

Excellent investment opportunity! Centrally located on the hilltop within walking distance to Cambrian Mall, this residential property features five self-contained one-bedroom units with a sixth unit awaiting renovation—ideal for conversion into additional income space or student housing. Offered in “as-is” condition without warranty or representation, this property provides exceptional potential for investors or landlords looking to expand their portfolio. Don’t miss out—contact the listing agent today! (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Basement Type: Full
Exterior Finish: Vinyl
Floor Space: 2200 sqft
Heating Type: Forced air

Property Features:

Property Type: Multi-family
Communication Type: High Speed Internet
Community Features: Bus Route
Floor Space (approx): 2200 Square Feet
Lot Frontage: 40
Utility Type: Cable - Available, Hydro - Available, Telephone - Available
Sewer: Municipal sewage system
Parking Type: Gravel

Courtesy of: Remax Sault Ste. Marie Realty Inc.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 29-31 Algoma AVE, Sault Ste. Marie, Ontario, P6B 2P6

Lifestyle
Neighbourhood

Demographic Information of 29-31 Algoma AVE, Sault Ste. Marie, Ontario, P6B 2P6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$93,224.70

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.48 %

High school certificate or equivalent

41.17 %

Apprenticeship trade certificate/diploma

7.16 %

College/non-university certificate

23.57 %

University certificate (below bachelor)

2.23 %

University Degree

14.4 %

Commuter

Travel To Work

By Car

89.03 %

By Public Transit

0.0 %

By Walking

3.97 %

By Bicycle

0.0 %

By Other Methods

7.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.9 %

Houses

86.1 %

Own Vs. Rent