45 Murray ST, Blind River, Ontario P0R 1B0
$3,600,000.00
- 28,200 Square Feet
This well-maintained 26-unit apartment complex features 20 spacious two-bedroom suites and 6 one-bedroom suites, originally designed with seniors in mind and offering generous layouts. Each above-grade unit includes a private balcony, with south-facing suites enjoying beautiful views of Lake Huron sunsets. A common room is available for tenant gatherings and special occasions, enhancing the sense of community. The property boasts an excellent rental history with a waiting list. Conveniently located in Blind River, midway between Sault Ste. Marie and Sudbury along the Trans-Canada Highway. The building is within walking distance to grocery stores and ... read more
This well-maintained 26-unit apartment complex features 20 spacious two-bedroom suites and 6 one-bedroom suites, originally designed with seniors in mind and offering generous layouts. Each above-grade unit includes a private balcony, with south-facing suites enjoying beautiful views of Lake Huron sunsets. A common room is available for tenant gatherings and special occasions, enhancing the sense of community. The property boasts an excellent rental history with a waiting list. Conveniently located in Blind River, midway between Sault Ste. Marie and Sudbury along the Trans-Canada Highway. The building is within walking distance to grocery stores and the business district. Adding further value, the property includes a detached three-bedroom rental home and a paved parking lot. Carefully maintained by the same owner since construction, this asset is in excellent condition. The complex presents an exceptional investment opportunity, combining a strong tenant base, reliable income, and clear potential for rental growth in a sought-after Northern Ontario market. (id:25417)
- Listing ID: SM252788
- Property Type: Multi-family
| Property | |
|---|---|
| Land Size: | 1.37 Ac (1 - 3 Acres) |
| Parking: | Surfaced |
| Building | |
|---|---|
| HVAC: | Fireplace and Forced Air Natural Gas |
| Exterior: | Brick and Vinyl |
| Basement: | None |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Blind River |
| Province: | Ontario |
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