$299,000
3,000 Acre SQFT

346 Bruce ST, Sault Ste. Marie, Ontario P6B1P7

  • Residential Income Property Type
  • 3,000 Acre Square Footage
  • Gravel Cars Garage
Property Description

**Prime Investment Opportunity: Income-Generating Multifamily Property** Located at 346 Bruce Street , Sault Ste. Marie this multifamily building features three distinct units, each offering strong rental income and significant potential for future growth. The upstairs three-bedroom unit rents for $1,550/month plus utilities, providing a spacious and comfortable living space. The lower two-bedroom unit, rented at $1,350/month plus utilities, is cozy and well-maintained and recently renovated. Additionally, there is an unfinished bachelor unit with great potential to increase cash flow. This property is cash flow positive, with reliable tenants and ready for the next investor. It’s conveniently located near schools, shopping centers, and public transportation, making it an attractive option for renters. With low maintenance needs and room for value-adding renovations, this multifamily property presents a solid investment opportunity with immediate returns and future development possibilities. Call today to schedule a viewing and explore its potential! (id:58395)

Listing Stats
Residential Income
for Sale
SM241773
$299,000
3,000 Acre
Active
: Flat
$0
Features
: Forced air, Baseboard heaters
: Full
: Gravel, Concrete
: Brick, Siding, Vinyl
: Municipal sewage system
: Electricity, Telephone, Cable, Natural Gas
Appliances
: Window Air Conditioner
Location
Canada
ON
Sault Ste. Marie
P6B1P7
W85° 40' 25.8''
N46° 31' 10.2''
MLS Details
Active
$0
Additional Information
98.8x35
: Municipal water
2.0
: Stone
: Bus Route
Financial
$4,690
Listing Information
2024-07-12T16:40:51Z
Sault Ste. Marie Real Estate Board
2024-07-12T16:31:07Z
Basic Details
1
Multi-family
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