188 Church ST, Sault Ste. Marie, Ontario, P6A 3H5

$415,000

MLS® # SM253301

Investment For Sale In Sault Ste. Marie, Ontario

$415,000

Property Information:

188 Church St – 5-Plex | Strong 11.7% Cap Rate Turnkey 5-unit investment property featuring three 1-bed units and two 2-bed units in a high-demand rental area. Efficient natural gas boiler keeps operating costs predictable. A newer detached double garage adds extra revenue potential through parking or storage rentals. A solid, cash-flowing investment offering a strong 11.7% cap rate and reliable tenant appeal. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Basement Type: Full
  • Exterior Finish: Brick, Steel
  • Floor Space: 2750 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant/Infra-red Heat, Boiler

Property Features:

  • Property Type: Multi-family
  • Access Type: Road access
  • Built in: 1904
  • Communication Type: High Speed Internet
  • Community Features: Bus Route
  • Fence Type: Fenced yard
  • Floor Space (approx): 2750 Square Feet
  • Lot Frontage: 70
  • Storage Type: Storage Shed
  • Utility Type: Cable - Available, Hydro - Available, Natural Gas - Available, Telephone - Available
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage, Gravel

Courtesy of: Century 21 Choice Realty Inc.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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