Quick Summary
Quick Summary
- Prime income-generating multifamily property
- Spacious 3-bedroom unit rents at $1,550/month
- Cozy 2-bedroom unit rents at $1,350/month
- Unfinished bachelor unit with growth potential
- Cash flow positive with reliable tenants
- Conveniently located near schools and transit
- Low maintenance needs for the investor
- Opportunities for value-adding renovations
**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... Show More
**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:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Book A Private Showing
For Sale Nearby
Sold Nearby
- 3
- 2
- 3
- 2
- 3
- 2
- 2,000 - 2,500 Sq. Ft.
- 5
- 3
- 3
- 1
- 3
- 2
- 2,000 - 2,500 Sq. Ft.
- 8
- 3
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.