181 Elgin ST, Sault Ste. Marie, Ontario P6A2Y9

Listing courtesy of Royal LePage® Northern Advantage.

$449,900
2,230
SqFt

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List Price
$449,900
MLS®
SM262439
Days on Market
3
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
2,230
Subdivision
Sault Ste. Marie

Property Description

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:5764)

Additional Information

Subdivision
Sault Ste. Marie
Country
Canada
Sewer
Municipal sewage system
Community Features
Bus Route
Heating
Forced air
Stories
3

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Calculator source: Real Geeks