181 Elgin ST, Sault Ste. Marie, Ontario P6A 2Y9
$449,900.00
- 2,230 Square Feet
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 ... read more
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:25417)
- Listing ID: SM262439
- Property Type: Multi-family
- Year Built: 1901
| Property | |
|---|---|
| Lot Size: | Under 1/2 Acre |
| Parking: | Gravel |
| Building | |
|---|---|
| Type: | Multi-family Multi-Family |
| HVAC: | Fireplace and Forced Air |
| Exterior: | Siding and Vinyl |
| Basement: | Full |
| Utilities: | Cable, Electricity, Natural Gas, Telephone, Municipal Water and Municipal Sewage System |
| Location | |
|---|---|
| City: | Sault Ste. Marie |
| Province: | Ontario |
| Community Features: | Bus Route |
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