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188 Church St Sault Ste. Marie, Ontario P6A 3H5

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$415,000

MLS® Number: SM253301

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:59126)

Property Details

MLS® Number SM253301
Property Type Multi-family
Community Name Sault Ste. Marie
Communication Type High Speed Internet
Community Features Bus Route
Storage Type Storage Shed

Building

Basement Type Full
Constructed Date 1904
Exterior Finish Brick, Steel
Foundation Type Stone
Heating Type Radiant/infra-red Heat, Boiler
Stories Total 2
Size Interior 2,750 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Fence Type Fenced Yard
Sewer Municipal Sewage System
Size Frontage 70.0000
Size Total Text Under 1/2 Acre

Parking

Detached Garage
Gravel

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/29117516/188-church-st-sault-ste-marie-sault-ste-marie

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