45 Murray ST, Blind River, Ontario, P0R1B0

Property Description

This well-maintained 26-unit apartment complex features 20 spacious two-bedroom suites and 6 one-bedroom suites, originally designed with seniors in mind and offering generous layouts. Each above-grade unit includes a private balcony, with south-facing suites enjoying beautiful views of Lake Huron sunsets. A common room is available for tenant gatherings and special occasions, enhancing the sense of community. The property boasts an excellent rental history with a waiting list. Conveniently located in Blind River, midway between Sault Ste. Marie and Sudbury along the Trans-Canada Highway. The building is within walking distance to grocery stores and the business district. Adding further value, the property includes a detached three-bedroom rental home and a paved parking lot. Carefully maintained by the same owner since construction, this asset is in excellent condition. The complex presents an exceptional investment opportunity, combining a strong tenant base, reliable income, and clear potential for rental growth in a sought-after Northern Ontario market. (id:64974)

Quick Facts

• Property Type: Multi-Family
• Bedrooms: None
• Bathrooms: None
• Living Area: 28,200 sq ft (2,619.9 m²)
• Year Built: 1997
• Attached: Yes
• Lot Size: 1.3700 acres (0.55 ha)
• Frontage: 181 ft (55.2 m)

Costs

• Annual Taxes: $22,294.00

Listing Provided by: Remax Sault Ste. Marie Realty Inc.
Board: Sault Ste. Marie Real Estate Board
Data provided via CREA DDF®.