239 Wellington ST
Sault Ste. Marie, Ontario
MLS® SM262290
$500,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- SM262290
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 32Listing description
Fantastic downtown investment opportunity featuring a solid brick fourplex with four recently renovated units and strong rental income. This well maintained building is currently generating $5,000 per month in gross rental revenue, making it an excellent addition to any investment portfolio. The property features durable brick construction, a full basement, separate entrances for each unit, and a gas forced-air heating system.
Situated on a deep lot, it also offers a large paved parking area with access from the front through to the rear lane. A standout feature is the large detached garage with brick siding and a metal roof, providing valuable storage or additional rental income potential. The property also generates extra income through laundry and garage rentals.
Don't miss this opportunity to own a turnkey, income-producing fourplex in a convenient downtown location. Call today to book your private showing!
Property summary
- MLS® number
- SM262290
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 2,000 sq ft
- Annual property taxes
- $3,144.00
- Days on market
- 24 days
Features & details
- Heating
- Forced air
- Basement
- Full
- Exterior features
- Brick
What would this home cost you?
Based on the $500,000 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 Century 21 Choice Realty Inc., 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.