188 Church ST, Sault Ste. Marie, Ontario, P6A3H5
MLS: SM253301 | Multi-Family
$415,000
Property Description
188 Church St – 5-Plex | Strong 11.7% Cap Rate Turnkey 5-unit investment property featuring three 1-bed units and two 2-bed units in a high-demand rental area. Efficient natural gas boiler keeps operating costs predictable. A newer detached double garage adds extra revenue potential through parking or storage rentals. A solid, cash-flowing investment offering a strong 11.7% cap rate and reliable tenant appeal. (id:64974)
Quick Facts
- Property Type: Multi-Family
- Bedrooms: None
- Bathrooms: None
- Living Area: 2,750 sq ft (255.5 m²)
- Year Built: 1904
- Attached: Yes
- Frontage: 70 ft (21.3 m)
Costs
- Annual Taxes: $5,993.60
Listing Provided by: Century 21 Choice Realty Inc.
Board: Sault Ste. Marie Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Radiant/Infra-red Heat, Boiler
- Basement: Full
- Utilities: Natural Gas, Electricity, Cable, Telephone
Exterior & Construction
- Exterior: Steel, Brick
- Foundation: Stone
- Fencing: Fenced yard
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 70 ft (21.3 m)
Community & Neighbourhood
- Community: Bus Route
- Neighbourhood: Sault Ste. Marie
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 188 Church ST, Sault Ste. Marie, Ontario, P6A3H5
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