CAONSault Ste. MarieDowntown188 Church St

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188 Church St, Sault Ste. Marie, ON

Name: 188 Church St, For Sale in Sault Ste. Marie - eXp Realty
Brand: Century 21 Choice Realty Inc.
SKU: SM261200
Price: 349900 CAD

House

For Sale

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MLS® SM261200

Property Details
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Description

188 Church St – Turnkey 5-Plex | 13.1% Cap Rate Excellent opportunity to add a cash-flowing 5-unit investment property to your portfolio. Featuring a strong unit mix of three 1-bedroom units and two 2-bedroom units, this property offers steady rental demand and stable tenancy appeal. Efficient natural gas boiler heat helps maintain predictable operating costs, while the newer detached double garage provides additional income potential through storage or parking rentals. Generating $62, 580 gross annual income with a 13.1% cap rate, this is an attractive opportunity for investors seeking strong returns and long-term performance. (id:58753)Show Description

Key Facts

Type Multi Family

Levels Residential Income

Size 2750 sqft

Garage Yes

Taxes $5,994

Days Active 16

Approx. Age 1904

Avg. Price Per Sqft $127

MLS® Number SM261200

Central VacNo

FireplaceNo

GarageYes

Approx. Age1904

BasementFull

DrivewayDetached Garage, Gravel

HeatRadiant/Infra-red Heat, Boiler

Additional Information

Siding Steel Siding, Brick

Sewage System Public Sewer

Price History

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Top Secret

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