1580 Wellington Street East

$629,900

1580 Wellington Street East

Sault Ste. Marie, ON

Type
Multi-family
Status
Active
Living area
1,727 sqft
Year built
1969
MLS®
SM262590

About this property

Brick Triplex with Excellent Income Potential! Opportunity knocks with this spacious brick triplex, ideally suited for an investor or owner-occupier looking to build equity while generating rental income. The main-level 3-bedroom unit will be vacant November 1st, while the 1-bedroom unit is currently owner-occupied and will be vacant upon possession, giving the new owner the flexibility to occupy one of the units, renovate, or establish their own market rents. The main-level unit features 3 bedrooms, in-suite laundry hook-ups, and direct access to a deck and fenced backyard. The second level offers a 1-bedroom unit, while the bright and spacious 2-bedroom lower-level unit, fully renovated in 2014, is currently tenanted and includes its own laundry. All three units have separate hydro, baseboard heat, and hot water tanks, making this a practical setup for ownership and rental management. The property also offers parking for 3+ vehicles, along with the added convenience of an attached garage. With two units becoming available and a tenanted 2-bedroom unit providing ongoing rental income, this property offers excellent flexibility for both investors and owner-occupiers. Live in one unit while generating income from the others, or take advantage of the opportunity to set your own market rents. Contact your preferred Realtor®?today to book your private showing! (id:66946)

Features

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Listing courtesy of Exit Realty True North. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.