181 Elgin ST
Sault Ste. Marie, Ontario
MLS® SM262439
$449,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- SM262439
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1901
1 / 8Listing description
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!
Property summary
- MLS® number
- SM262439
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 2,230 sq ft
- Built in
- 1901
- Annual property taxes
- $5,037.41
- Parking
- Gravel
- Days on market
- 9 days
Features & details
- Heating
- Forced air
- Basement
- Full
- Exterior features
- Vinyl, Siding
- Community features
- Bus Route
What would this home cost you?
Based on the $449,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage® Northern Advantage, SAULT STE. MARIE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.