181 Elgin St Sault Ste. Marie, Ontario P6A 2Y9

2,230 sqft
Forced Air

$449,900

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:15477)

Property Details

MLS® Number SM262439
Property Type Multi-family
Community Name Sault Ste. Marie
Communication Type High Speed Internet
Community Features Bus Route

Building

Basement Type Full
Constructed Date 1901
Exterior Finish Siding, Vinyl
Foundation Type Stone
Heating Type Forced Air
Stories Total 3
Size Interior 2,230 Sqft
Type Multi-family
Utility Water Municipal Water

Parking

Gravel

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 44.0000
Size Total Text Under 1/2 Acre

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/30244538/181-elgin-st-sault-ste-marie-sault-ste-marie

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