Space
Finished area and layout
- Living Area
- 2,230 sqft
2,230 sqft
Living Area
44.0 frontage
Lot
1901
Year Built
Property Snapshot
Key details for this listing
MLS #SM262439
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
- Full
- Stories
- 3
- Year Built
About This Property
This multi-family in Sault Ste. Marie offers 2,230 sqft of living area on a 44.0 frontage lot. Built in 1901, 3 storeys. The home features forced air heating, a full basement.
MLS Remarks
Attention Investors! Welcome to 181 Elgin St. This affordable 6-plex is ideally located in the downtown core, close to numerous amenities and offering a solid investment opportunity. The building is in good operating condition and has seen many updates over the years. The property features 2 two bedroom units, 1 one-bedroom unit and 3 bachelor units, with separate electrical meters for each unit. The owner currently pays all utility expenses. The property also offers parking for approximately 8 vehicles. With an annual gross rental income of $65,769 and net income of approximately $44,000, this property is a great opportunity for investors looking to add a well-maintained multi-unit property to their portfolio. Make the call today and book your viewing! (id:60351)
Full Listing Details
Address181 Elgin ST
MLS#SM262439
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market47
Common InterestFreehold
Annual Tax$5,037
Parking TypeGravel
Structure TypeMulti-Family
AttachedAttached
StyleMultiplex
Year Built1901
Living Area2,230 sqft
Stories3
CitySault Ste. Marie
ProvinceOntario
Postal CodeP6A2Y9
Frontage44.0
Parking FeaturesGravel
HeatingForced air
BasementFull
FoundationStone
ExteriorVinyl, Siding
CommunityBus Route
UtilitiesNatural Gas, Electricity, Cable, Telephone
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$5,037
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