ATTENTION INVESTORS!! With over an 8% Cap Rate and a net income of $50,196 this may be the investment you are looking for. The building has been meticulously maintained with many quality improvements. New 5th residential apartment (2021), Gas Boiler (2020), Roofing (2019 & 2023). 5 residential apartments and 2 commercial units, and a warehouse area. Convenient to shopping and public transportation. Minimum 36 hour notice required for showings. Monday to Saturday- 9 a.m. to 4:30 p.m. preferred. (id:15477)
Business Type | Industrial, Retail and Wholesale, Residential |
Business Sub Type | Warehouse, General retail, Residential |
MLS® Number | SM231708 |
Property Type | Other |
Community Name | Sault Ste. Marie |
Age | Over 26 Years |
Amenities | Storefront |
Exterior Finish | Siding |
Heating Fuel | Other, Natural Gas |
Heating Type | Boiler |
Size Interior | 8596 |
Utility Water | Municipal Water |
Other | |
Surfaced |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 120 Ft |
Size Frontage | 40.0000 |
Size Irregular | 40’ X 120’ |
Size Total Text | 40’ X 120’|1/2 - 1 Acre |
https://www.realtor.ca/real-estate/25857066/262-266-wellington-st-sault-ste-marie-sault-ste-marie
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