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MLS® SM260223

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 8500 sqft
Garage No
Taxes $10,220
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $46
MLS® Number SM260223

Property Address: 569 Queen St W, Sault Ste. Marie, ON, P6A1A8

Average square foot calculated using Size range provided by listing agent.

Description

Excellent value-add opportunity with this 14 Unit multifamily investment property, priced to sell and offering significant upside for the savvy investor. The building comprises six 2 bedroom units, one 3 bedroom unit, and seven 1 bedroom units, providing a versatile unit mix that appeals to a broad tenant base. The property requires comprehensive capital improvements, including full electrical and plumbing upgrades throughout the entire building, presenting an ideal blank slate for redevelopment and modernization. Investors will benefit from municipal grant programs currently available, offering future property tax savings. Additionally, there are nearby subject properties that may be available for acquisition at very attractive pricing, offering further potential for expansion or redevelopment for those seeking a larger footprint in the area. A compelling opportunity for investors!! Call your REALTOR today! (id:58753)Show Description
MLS® NumberSM260223
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

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Commute

Starting Address
Destination Address
569 Queen St W, Sault Ste. Marie, ON

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