346 Bruce St, Sault Ste. Marie, ON, P6B 1P7 - investment for sale | Listing ID SM241773

346 Bruce ST, Sault Ste. Marie, Ontario, P6B 1P7

MLS® # SM241773

Investment For Sale In Sault Ste. Marie, Ontario

$299,000

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346 Bruce St, Sault Ste. Marie, ON - Outdoor

346 Bruce St, Sault Ste. Marie, ON - Indoor

346 Bruce St, Sault Ste. Marie, ON - Indoor Photo Showing Other Room

346 Bruce St, Sault Ste. Marie, ON - Indoor Photo Showing Kitchen

346 Bruce St, Sault Ste. Marie, ON - Indoor Photo Showing Bathroom

346 Bruce St, Sault Ste. Marie, ON - Indoor Photo Showing Bedroom

346 Bruce St, Sault Ste. Marie, ON - Indoor With Fireplace

346 Bruce St, Sault Ste. Marie, ON - Indoor Photo Showing Basement

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Home Insurance - TD Insurance

Get a home insurance quote online for this $299,000 property in Sault Ste. Marie

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Home Insurance - TD Insurance

Get a home insurance quote online for this $299,000 property in Sault Ste. Marie

Provided by TD Insurance

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346 Bruce ST, Sault Ste. Marie, Ontario, P6B 1P7

$299,000

Property Information:

**Prime Investment Opportunity: Income-Generating Multifamily Property** Located at 346 Bruce Street , Sault Ste. Marie this multifamily building features three distinct units, each offering strong rental income and significant potential for future growth. The upstairs three-bedroom unit rents for $1,550/month plus utilities, providing a spacious and comfortable living space. The lower two-bedroom unit, rented at $1,350/month plus utilities, is cozy and well-maintained and recently renovated. Additionally, there is an unfinished bachelor unit with great potential to increase cash flow. This property is cash flow positive, with reliable tenants and ready for the next investor. It's conveniently located near schools, shopping centers, and public transportation, making it an attractive option for renters. With low maintenance needs and room for value-adding renovations, this multifamily property presents a solid investment opportunity with immediate returns and future development possibilities. Call today to schedule a viewing and explore its potential! (id:27)

Building Features:

Style: Fourplex
Building Type: Multi-Family
Basement Type: Full
Exterior Finish: Brick, Siding, Vinyl
Foundation Type: Stone
Roof Style: Flat
Heating Type: Baseboard heaters, Forced air
Appliances: Window Air Conditioner

Property Features:

Property Type: Multi-family
Access Type: Road access
Communication Type: High Speed Internet
Community Features: Bus Route
Irregular: Yes
Lot Frontage: 98.9
Lot Size: 98.8x35
Utility Type: Natural Gas - Available, Cable - Available, Telephone - Available, Hydro - Available
Sewer: Municipal sewage system
Parking Type: Gravel

Courtesy of: Century 21 Choice Realty Inc.

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Market Price Trends

Location of 346 Bruce ST, Sault Ste. Marie, Ontario, P6B 1P7

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

39/100

Moderate-Low

ClimateCheck®

Current data

This property, 346 Bruce ST , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 32.4 degrees Celsius.

Projected Avg. Temperature

Past

29℃

2050

32.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 346 Bruce ST , experiences 11 significant 2-day storms per year, with about 310mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.4mm of precipitation per year.

Precipitation Per Storm

Past

310mm

2050

397.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 346 Bruce ST, Sault Ste. Marie, Ontario, P6B 1P7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$93,224.70

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.48 %

High school certificate or equivalent

41.17 %

Apprenticeship trade certificate/diploma

7.16 %

College/non-university certificate

23.57 %

University certificate (below bachelor)

2.23 %

University Degree

14.4 %

Commuter

Travel To Work

By Car

89.03 %

By Public Transit

0.0 %

By Walking

3.97 %

By Bicycle

0.0 %

By Other Methods

7.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.9 %

Houses

86.1 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 346 Bruce ST, Sault Ste. Marie, Ontario, P6B 1P7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 346 Bruce ST, Sault Ste. Marie, Ontario, P6B 1P7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

346 Bruce ST, Sault Ste. Marie, Ontario, P6B 1P7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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