Attention Investors - Good Cap Rate! Build your investment portfolio with this 5 Unit Multiplex with stable, long term tenants paying reliable rents in each unit. Units 2 & 3 rewired by Top Line Electric. Main apartments heated by Navien gas boiler. Apartment 5 is a fully self-contained unit with it's own newer gas furnace (April 2022) and tenant pays heat, includes a basement, and exclusive use fenced yard and tenant maintains grass & garden. Owner pays heat for main building only (Units 1, 2, 3 & 4). Four separate hydro meters and two gas meters. Shingles replaced on main roof in 2018. Many upgrades have been completed, approved fire doors on each unit. Seller is willing to stay on as Property Manager if agreed upon. Walking distance to shopping, laundromat, downtown plaza and parks. Don't wait, book your showing today. (id:2493)
Data was last updated June 1, 2025 at 09:45 PM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$230,000
Min list price:
$55,000
Max list price:
$1,150,000
Avg days on market:
45
Min days on market:
2
Max days on market:
186
Avg price per sq.ft.:
$183.38
These statistics are generated based on the current listing's property type
and located in
Sault Ste. Marie. Average values are
derived using median calculations.
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