18 Wellington Street W Sault Ste Marie (West), Ontario P6A 1H1

3000 sqft
Other

$750,000

Incredible opportunity to own this well-maintained, all-brick 5-unit purpose-built apartment building, ideally located at the base of North Streetjust steps from the waterfront, scenic boardwalk, shopping plazas, and a wide range of amenities. The building features 2 spacious two-bedroom units and 3 one-bedroom units, with two units currently vacantoffering immediate upside through market rent potential. At current market rents, the property is capable of generating nearly a 10% cap rate. Additional income is generated through a coin-operated washer and dryer. A large, paved parking lot provides ample tenant parking. Recent updates include a new high-efficiency gas furnace and cosmetic upgrades in several units, including fresh paint and updated trim. The basement features a wide open layout with plenty of space, ideal for additional paid tenant storage or future development opportunities. (id:44758)

房源概要

MLS® Number X12107273
房源类型 Multi-family
社区名字 West
总车位 5

详 情

赠送家电包括 烘干机, 炉子, 洗衣机, 冰箱
供暖方式 天然气
供暖类型 Other
内部尺寸 3000 Sqft
类型 Multi-family
设备间 市政供水

土地

英亩数
土地深度 120 Ft
土地宽度 110 Ft
不规则大小 110 X 120 Ft
规划描述 B3s

https://www.realtor.ca/real-estate/28222705/18-wellington-street-w-sault-ste-marie-west-west