Incredible opportunity to own this well-maintained, all-brick 5-unit purpose-built apartment building, perfectly positioned at the base of North Street and just steps from the waterfront, scenic boardwalk, shopping plazas, and a wide range of amenities. This income-generating property features 3 spacious two-bedroom units and 2 one-bedroom units, with immediate potential for rental upside. Additional income is boosted by a coin-operated washer and dryer. A large paved parking lot offers plenty of tenant parking. Recent updates include a brand new high-efficiency gas furnace, fresh paint, updated trim, and more in several units. The basement offers a wide open layout with abundant space, ideal for additional paid tenant storage or future development opportunities. |
Price | $800,000 |
Taxes: | $6504.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 18 Wellington Stre West , Sault Ste Marie, P6A 1H1, Algoma |
Postal Code: | P6A 1H1 |
Province/State: | Algoma |
Legal Description: | PT LT 73 PL 453 KORAH PT 1, 2 1R4584; SA |
Directions/Cross Streets: | Wellington St W & North St |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Building Percentage: | T |
Total Area: | 3000.00 |
Total Area Code: | Square Feet |
Water Expense: | $1139 |
Expenses Actual/Estimated: | $Est |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RIGHT AT HOME REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Algoma |
Municipality: | Sault Ste Marie |
Neighbourhood: | West |
Style: | |
Lot Size: | x 120.00(Feet) |
Approximate Age: | |
Tax: | $6,504 |
Maintenance Fee: | $0 |
Beds: | 0 |
Baths: | 0 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: |