Address
188 Church St, Sault Ste. Marie, ON
Price
$ 349,900
Property Attributes
- ID#SM261200
- TypeMulti-Family
- Listing Status Active
- MunicipalitySault Ste. Marie
- CitySault Ste. Marie
- AreaSault Ste. Marie
- NeighbourhoodSault Ste. Marie
- Postal CodeP6A 3H5
- Style
- Year Built1904
- Price$ 349,900
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage2750
Data Source:
Canadian Real Estate Association (CREA)
Property Description
188 Church St – Turnkey 5-Plex | 13.1% Cap Rate Excellent opportunity to add a cash-flowing 5-unit investment property to your portfolio. Featuring a strong unit mix of three 1-bedroom units and two 2-bedroom units, this property offers steady rental demand and stable tenancy appeal. Efficient natural gas boiler heat helps maintain predictable operating costs, while the newer detached double garage provides additional income potential through storage or parking rentals. Generating $62,580 gross annual income with a 13.1% cap rate, this is an attractive opportunity for investors seeking strong returns and long-term performance. (id:7434)
General Features
| Community Features | Bus Route |
|---|---|
| Property Type | Multi-family |
| CommunityName | Sault Ste. Marie |
| Foundation Type | Stone |
| Building Type | Multi-Family |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Radiant/Infra-red Heat, Boiler |
| Basement Type | Full |
| Living Area Range | 2750 |
Exterior Features
| Sewer | Municipal sewage system |
|---|---|
| Exterior Finish | Brick, Steel |
| Fence Type | Fenced yard |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in P6A 3H5
Price
Year Built
In The Neighbourhood
Just Listed
Sault Ste. Marie
$ 339,900
- Type
- Multi-Family
- Size
- 2,785 SqFt
- Rooms
- 0 Beds + 0 Baths
Remax Sault Ste. Marie Realty Inc.
Sault Ste. Marie
$ 469,900
- Type
- Multi-Family
- Size
- 3,001 SqFt
- Rooms
- 0 Beds + 0 Baths
Century 21 Choice Realty Inc.
Sault Ste. Marie
$ 369,900
- Type
- Multi-Family
- Size
- 1,659 SqFt
- Rooms
- 0 Beds + 0 Baths
Century 21 Choice Realty Inc.
Sault Ste. Marie
$ 500,000
- Type
- Multi-Family
- Size
- 2,000 SqFt
- Rooms
- 0 Beds + 0 Baths
Century 21 Choice Realty Inc.
Sault Ste. Marie
$ 299,900
- Type
- Multi-Family
- Size
- 2,625 SqFt
- Rooms
- 0 Beds + 0 Baths
Century 21 Choice Realty Inc.
Sault Ste. Marie
$ 399,900
- Type
- Multi-Family
- Size
- 3,266 SqFt
- Rooms
- 0 Beds + 0 Baths
EXP Realty Brokerage
Sault Ste. Marie
$ 1,500
- Type
- Multi-Family
- Size
- 800 SqFt
- Rooms
- 0 Beds + 0 Baths
Remax Sault Ste. Marie Realty Inc.
Sault Ste. Marie
$ 495,000
- Type
- Multi-Family
- Size
- 6,000 SqFt
- Rooms
- 0 Beds + 0 Baths
Century 21 Choice Realty Inc.
Sault Ste. Marie
$ 449,900
- Type
- Multi-Family
- Size
- 2,250 SqFt
- Rooms
- 0 Beds + 0 Baths
Century 21 Choice Realty Inc.
Sault Ste. Marie
$ 139,900
- Type
- Multi-Family
- Size
- 2,792 SqFt
- Rooms
- 0 Beds + 0 Baths
Green Apple Realty
Sault Ste. Marie
$ 929,000
- Type
- Multi-Family
- Size
- 5,452 SqFt
- Rooms
- 0 Beds + 0 Baths
Century 21 Choice Realty Inc.
Data provided by the Ontario Regional Technology & Information Systems. The information is deemed reliable, but is not guaranteed. Not intended to solicit buyers or sellers, landlords or tenants currently under contract.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned