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