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:2493)
Data was last updated September 8, 2026 at 06:45 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$495,000
Min list price:
$1,500
Max list price:
$1,549,000
Avg days on market:
33
Min days on market:
6
Max days on market:
313
Avg price per sq.ft.:
$82.5
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. This data is not produced by
the MLS® system.
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