This triplex, located in downtown Sault Ste. Marie, offers a solid investment opportunity. It includes two 2-bedroom units and one bachelor unit, all within walking distance to shops, the mall, and groceries. A bus stop is just 20 seconds away, adding further convenience for tenants. The care, management, and renovations over the past five years have enhanced the property, resulting in a gross monthly income of $3,150. The building features a functional layout, large windows, and a shared common area, with a separate entrance to the unfinished basement. There is ample parking with a deep driveway and garage, and on-site laundry adds convenience. With a large home of roughly 2,500 sq. ft., this property generates strong cash flow, making it a great choice for investors seeking reliable returns. (id:51018)
| MLS® Number | SM250779 |
| Property Type | Multi-family |
| Community Name | Sault Ste. Marie |
| Storage Type | Storage Shed |
| Age | Over 26 Years |
| Amenities | Laundry Facility |
| Basement Type | Full |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Type | Boiler |
| Stories Total | 3 |
| Size Interior | 2500 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Gravel |
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 46.0000 |
| Size Irregular | 46x106 |
| Size Total Text | 46x106|under 1/2 Acre |
https://www.realtor.ca/real-estate/28175013/321-cathcart-st-sault-ste-marie-sault-ste-marie
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