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$475,000

Sault Ste. Marie ON, P6C 1K3

MLS® # SM253332

Property Information:

This all-brick triplex is packed with potential! Offering a fantastic opportunity for investors or anyone looking to grow their Real Estate portfolio. The main floor features a bright 1-bedroom unit with direct access to the attached garage, while upstairs offers two spacious 2-bedroom units. One of the upper units is rented, and the other vacant, giving you the chance to set a new market rent right away. Each unit comes with its own hydro meter, keeping utilities simple and cost-effective. The basement adds even more value with additional living space currently tenanted, creating steady extra income from the moment you take ownership. With strong rental upside and minimal overhead, this property is a smart addition to any portfolio. Book your private showing and explore the possibilities! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 2400 sqft
  • Foundation Type: Concrete Perimeter
  • Heating Type: Baseboard heaters

Property Features:

  • Property Type: Multi-family
  • Access Type: Road access
  • Built in: 1943
  • Communication Type: High Speed Internet
  • Community Features: Bus Route
  • Features: Corner Site
  • Floor Space (approx): 2400 Square Feet
  • Lot Frontage: 42
  • Utility Type: Cable - Available, Hydro - Available, Telephone - Available
  • Sewer: Municipal sewage system
  • Parking Type:

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 84 Wallace TER, Sault Ste. Marie, Ontario, P6C 1K3

Demographic Information of 84 Wallace TER, Sault Ste. Marie, Ontario, P6C 1K3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,173.53

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.29 %

High school certificate or equivalent

40.66 %

Apprenticeship trade certificate/diploma

4.42 %

College/non-university certificate

26.89 %

University Degree

7.74 %

Commuter

Travel To Work

By Car

84.19 %

By Public Transit

1.9 %

By Walking

1.91 %

By Bicycle

0.0 %

By Other Methods

12.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.77 %

Houses

87.23 %

Own Vs. Rent