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$ 285,900
Est. payment | /mo
3,000 SqFt
$ 285,900
Est. payment | /mo
3,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $95
Subdivision Sault Ste. Marie
MLS® Listing ID SM250450
Source Sault Ste. Marie Real Estate Board
Property Description
**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:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Forced air
Exterior
Parking Features No
Community Features Bus Route
View Y/N No
Roof Type Flat
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by Century 21 Choice Realty Inc.
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