Fantastic downtown investment opportunity featuring a solid brick fourplex with four recently renovated units and strong rental income. This well maintained building is currently generating $5,000 per month in gross rental revenue, making it an excellent addition to any investment portfolio. The property features durable brick construction, a full basement, separate entrances for each unit, and a gas forced-air heating system. Situated on a deep lot, it also offers a large paved parking area with access from the front through to the rear lane. A standout feature is the large detached garage with brick siding and a metal roof, providing valuable storage or additional rental income potential. The property also generates extra income through laundry and garage rentals. Don't miss this opportunity to own a turnkey, income-producing fourplex in a convenient downtown location. Call today to book your private showing! (id:15069)
| MLS® Number | SM262290 |
| Property Type | Multi-family |
| Community Name | Sault Ste. Marie |
| Age | Age Is Unknown |
| Basement Type | Full |
| Exterior Finish | Brick |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 40.0000 |
| Size Total Text | Under 1/2 Acre |
https://www.realtor.ca/real-estate/30191776/239-wellington-st-sault-ste-marie-sault-ste-marie
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