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$599,900
Est. payment /mo
2,250 SqFt
Active
101-103 Forest AVE Sault Ste. Marie, ON P6B1A6
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $266
Subdivision Sault Ste. Marie
MLS® Listing ID SM242796
Originating Board Sault Ste. Marie Real Estate Board
Year Built 1959
Property Description
Discover this exceptional all-brick Triplex nestled in a highly sought-after central location, perfect for those looking to enhance their investment portfolio. This very well-maintained property boasts three well-appointed units, ensuring a steady stream of rental income. Unit 101 is an impressive two-level residence featuring 4 bedrooms (3+1) and 2 bathrooms (1+1), complete with separate laundry facilities for added convenience. This spacious layout is ideal for families or group living, maximizing rental potential. Unit 103 offers two additional rental opportunities with a 3-bedroom unit and a cozy 1-bedroom unit, catering to a variety of tenant needs. Additionally, there's promising potential to expand the property by adding a fourth unit in the basement on the 101 Forest Avenue side. Other features include Separate hydro and water meters for each unit which is the tenants responsibility, owner pays heat, fenced-in, private backyard for tenant enjoyment, enhancing the appeal of the property, 2 efficient forced air natural gas heating systems, separate laundry facilities in all units, a desirable feature for renters. This Triplex has been consistently well-maintained, showcasing a solid investment return and promising future growth. Don’t miss out on this lucrative opportunity! Book your viewing today!! (id:24570)
Location
Province ON
Interior
Heating Forced air
Exterior
Garage No
Fence Fenced yard
Community Features Bus Route
Waterfront No
View Y/N No
Private Pool No
Building
Story 1
Sewer Municipal sewage system