2,230 sqft
Forced Air
$449,900
Attention Investors! Welcome to 181 Elgin St. This affordable 6-plex is ideally located in the downtown core, close to numerous amenities and offering a solid investment opportunity. The building is in good operating condition and has seen many updates over the years. The property features 2 two bedroom units, 1 one-bedroom unit and 3 bachelor units, with separate electrical meters for each unit. The owner currently pays all utility expenses. The property also offers parking for approximately 8 vehicles. With an annual gross rental income of $65,769 and net income of approximately $44,000, this property is a great opportunity for investors looking to add a well-maintained multi-unit property to their portfolio. Make the call today and book your viewing! (id:49269)
Property Details
|
MLS® Number
|
SM262439 |
|
Property Type
|
Multi-family |
|
Community Name
|
Sault Ste. Marie |
|
Communication Type
|
High Speed Internet |
|
Community Features
|
Bus Route |
Building
|
Basement Type
|
Full |
|
Constructed Date
|
1901 |
|
Exterior Finish
|
Siding, Vinyl |
|
Foundation Type
|
Stone |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
2,230 Sqft |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
44.0000 |
|
Size Total Text
|
Under 1/2 Acre |
Utilities
|
Cable
|
Available |
|
Electricity
|
Available |
|
Natural Gas
|
Available |
|
Telephone
|
Available |
https://www.realtor.ca/real-estate/30244538/181-elgin-st-sault-ste-marie-sault-ste-marie