181 Elgin ST

$449,900

181 Elgin ST

Sault Ste. Marie, ON

Type
Multi-family
Status
Active
Living area
2,230 sqft
Year built
1901
MLS®
SM262439

About this property

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:66946)

Features

vinylsidingbus routegravel

Listing courtesy of Royal LePage® Northern Advantage. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.