1580 Wellington Street East Sault Ste. Marie, Ontario P6A 2R7
$629,900
Brick Triplex with Excellent Income Potential! Opportunity knocks with this spacious brick triplex, ideally suited for an investor or owner-occupier looking to build equity while generating rental income. The main-level 3-bedroom unit will be vacant November 1st, while the 1-bedroom unit is currently owner-occupied and will be vacant upon possession, giving the new owner the flexibility to occupy one of the units, renovate, or establish their own market rents. The main-level unit features 3 bedrooms, in-suite laundry hook-ups, and direct access to a deck and fenced backyard. The second level offers a 1-bedroom unit, while the bright and spacious 2-bedroom lower-level unit, fully renovated in 2014, is currently tenanted and includes its own laundry. All three units have separate hydro, baseboard heat, and hot water tanks, making this a practical setup for ownership and rental management. The property also offers parking for 3+ vehicles, along with the added convenience of an attached garage. With two units becoming available and a tenanted 2-bedroom unit providing ongoing rental income, this property offers excellent flexibility for both investors and owner-occupiers. Live in one unit while generating income from the others, or take advantage of the opportunity to set your own market rents. Contact your preferred Realtor®?today to book your private showing! (id:49269)
Property Details
| MLS® Number | SM262590 |
| Property Type | Multi-family |
| Community Name | Sault Ste. Marie |
| Amenities Near By | Park |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| Features | Balcony |
| Structure | Patio(s), Workshop |
Building
| Amenities | Laundry Facility |
| Basement Type | Full |
| Constructed Date | 1969 |
| Exterior Finish | Brick |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1,727 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Access Type | Road Access |
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park |
| Sewer | Municipal Sewage System |
| Size Frontage | 60.0000 |
| Size Total Text | Under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Telephone | Available |
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September 17 2026 05:16:29
Sault Ste. Marie Real Estate Board
Exit Realty True North