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