$369,900
188 Church ST
Sault Ste. Marie, ON
About this property
188 Church St – Turnkey 5-Plex | 13.1% Cap Rate Excellent opportunity to add a cash-flowing 5-unit investment property to your portfolio. Featuring a strong unit mix of three 1-bedroom units and two 2-bedroom units, this property offers steady rental demand and stable tenancy appeal. Efficient natural gas boiler heat helps maintain predictable operating costs, while the newer detached double garage provides additional income potential through storage or parking rentals. Generating $62,580 gross annual income with a 13.1% cap rate, this is an attractive opportunity for investors seeking strong returns and long-term performance. (id:66946)
Features
Listing courtesy of Century 21 Choice Realty Inc.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.