- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- SM241773
- Photos (29)
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**Prime Investment Opportunity: Income-Generating Multifamily Property** Located at 346 Bruce Street , Sault Ste. Marie this multifamily building features three distinct units, each offering strong rental income and significant potential for future growth. The upstairs three-bedroom unit rents for $1,550/month plus utilities, providing a spacious and comfortable living space. The lower two-bedroom unit, rented at $1,350/month plus utilities, is cozy and well-maintained and recently renovated. Additionally, there is an unfinished bachelor unit with great potential to increase cash flow. This property is cash flow positive, with reliable tenants and ready for the next investor. It's conveniently located near schools, shopping centers, and public transportation, making it an attractive option for renters. With low maintenance needs and room for value-adding renovations, this multifamily property presents a solid investment opportunity with immediate returns and future development possibilities. Call today to schedule a viewing and explore its potential! (id:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Total Living Area:
- 3,000 sq. ft.
- Transaction Type:
- For sale
- Taxes:
- $4,690 / -
- Community:
- Sault Ste. Marie
- Exterior Features:
- Brick, Vinyl, Siding
- Community Features:
- Bus Route
- Structure Type:
- Multi-Family
- Utilities:
- Natural Gas, Electricity, Cable, Telephone
- Appliances Included:
- Window Air Conditioner
- Age:
- over 26 years
- Communication Type:
- High Speed Internet
- Roof:
- Flat
- Exterior Finish:
- Brick, Siding, Vinyl
- Fireplace:
- No
- Foundation:
- Stone
- Heating:
- Baseboard heaters, Forced air
- Roof Style:
- Flat
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Full
- Road Access:
- Road access
- Lot Frontage:
- 98'11"
- Acreage:
- No
- Lot Size:
- 98.8x35|under 1/2 acre
- Lot Details:
- 98.8x35
- Parking:
- Gravel, Concrete
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Listed by Century 21 Choice Realty Inc.
Data was last updated October 19, 2024 at 12:45 AM (UTC)
Area Statistics
- Listings on market:
- 31
- Avg list price:
- $89,900
- Min list price:
- $89,900
- Max list price:
- $1,355,000
- Avg days on market:
- 56
- Min days on market:
- 1
- Max days on market:
- 192
- Avg price per sq.ft.:
- $42.21
These statistics are generated based on the current listing's property type
and located in
Sault Ste. Marie. Average values are
derived using median calculations.
- CARLO GERVASI
- Century21 Choice Realty Inc. | Sault Ste. Marie
- 705-255-0083
- Contact by Email
