$599,900

Investment For Sale In Sault Ste. Marie, Ontario

$599,900

Property Information:

Discover this exceptional all-brick Triplex nestled in a highly sought-after central location, perfect for those looking to enhance their investment portfolio. This very well-maintained property boasts three well-appointed units, ensuring a steady stream of rental income. Unit 101 is an impressive two-level residence featuring 4 bedrooms (3+1) and 2 bathrooms (1+1), complete with separate laundry facilities for added convenience. This spacious layout is ideal for families or group living, maximizing rental potential. Unit 103 offers two additional rental opportunities with a 3-bedroom unit and a cozy 1-bedroom unit, catering to a variety of tenant needs. Additionally, there's promising potential to expand the property by adding a fourth unit in the basement on the 101 Forest Avenue side. Other features include Separate hydro and water meters for each unit which is the tenants responsibility, owner pays heat, fenced-in, private backyard for tenant enjoyment, enhancing the appeal of the property, 2 efficient forced air natural gas heating systems, separate laundry facilities in all units, a desirable feature for renters. This Triplex has been consistently well-maintained, showcasing a solid investment return and promising future growth. Don’t miss out on this lucrative opportunity! Book your viewing today!! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Concrete Perimeter
  • Heating Type: Forced air

Property Features:

  • Property Type: Multi-family
  • Access Type: Road access
  • Built in: 1959
  • Communication Type: High Speed Internet
  • Community Features: Bus Route
  • Fence Type: Fenced yard
  • Irregular: Yes
  • Lot Frontage: 75
  • Lot Size: 75 x 100
  • Utility Type: Hydro - Available, Natural Gas - Available, Cable - Available, Telephone - Available
  • Sewer: Municipal sewage system
  • Parking Type: Gravel

Courtesy of: Royal LePage Northern Advantage

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