635 Wellington St E Sault Ste. Marie, Ontario P6A 2M6
$415,900
Attention Investors - Good Cap Rate! Build your investment portfolio with this 5 Unit Multiplex with stable, long term tenants paying reliable rents in each unit. Units 2 & 3 rewired by Top Line Electric. Main apartments heated by Navien gas boiler. Apartment 5 is a fully self-contained unit with it's own newer gas furnace (April 2022) and tenant pays heat, includes a basement, and exclusive use fenced yard and tenant maintains grass & garden. Owner pays heat for main building only (Units 1, 2, 3 & 4). Four separate hydro meters and two gas meters. Shingles replaced on main roof in 2018. Many upgrades have been completed, approved fire doors on each unit. Seller is willing to stay on as Property Manager if agreed upon. Walking distance to shopping, laundromat, downtown plaza and parks. Don't wait, book your showing today. (id:47351)
Property Details
| MLS® Number | SM250503 |
| Property Type | Multi-family |
| Community Name | Sault Ste. Marie |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
Building
| Amenities | Laundry Facility |
| Basement Type | Full |
| Constructed Date | 1909 |
| Exterior Finish | Insul Brick |
| Foundation Type | Stone |
| Heating Type | Boiler |
| Stories Total | 3 |
| Size Interior | 3,500 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Access Type | Road Access |
| Acreage | No |
| Fence Type | Fenced Yard |
| Sewer | Municipal Sewage System |
| Size Frontage | 40.0000 |
| Size Irregular | 40 X 158 |
| Size Total Text | 40 X 158|under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/28041675/635-wellington-st-e-sault-ste-marie-sault-ste-marie
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March 28 2025 10:48:24
Sault Ste. Marie Real Estate Board
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