Sault Ste Marie, ON,
14 Units (12 Vacant)
INITIAL PRICE
ARV
Sault Ste Marie, ON,
14 Units (12 Vacant)
INITIAL PRICE
ARV
Sault Ste Marie, ON,
14 Units (12 Vacant)
INITIAL PRICE
ARV
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Property Features
The property comprises 14 units and provides an excellent opportunity for investors seeking to enhance returns through strategic improvements. The property has considerable growth potential, with 12 of the 14 units presently vacant and available for immediate turnover and renovation. This purpose built multi-unit features electric baseboard heating, which will help keep expenses low for the owner and boost cash flow once the property is stabilized. Additionally, the property offers ample parking for future tenants and is conveniently located near Algoma Steel and other major corporations, making it attractive to a blue-collar tenant profile.
Property Features
The property comprises 14 units and provides an excellent opportunity for investors seeking to enhance returns through strategic improvements. The property has considerable growth potential, with 12 of the 14 units presently vacant and available for immediate turnover and renovation. It features electric baseboard heating, which will help keep expenses low for the owner and boost cash flow once the property is stabilized. Additionally, the property offers ample parking for future tenants and is conveniently located near Algoma Steel and other major corporations, making it attractive to a blue-collar tenant profile.
N/A
RM9H
14+
Foundation Type
Block
Hydro
Seperate Meters
Electric Baseboard
Tar flat - Needs Replacing
Fair
Brick
PVC, PEX, Copper
N/A
RM9H
14+
Foundation Type
Block
Hydro
Seperate Meters
Electric Baseboard
Tar flat - Needs Replacing
Fair
Brick
PVC, PEX, Copper
Photo Gallery
Rent Roll
Expenses
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
Unit 7
Unit 8
Unit 9
Unit 10
Unit 11
Unit 12
Unit 13
Unit 14
2/1
2/1
2/1
1/1
1/1
2/1
2/1
3/1
2/1
1/1
1/1
1/1
1/1
1/1
$682.91
$1400
$1400
$1200
$1200
$1400
$1400
$1600
$1400
$1200
$1200
$1200
$525
$1200
Status
Tenanted
Vacant
Vacant
Vacant
Vacant
Vacant
Vacant
Vacant
Vacant
Vacant
Vacant
Vacant
Tenanted
Vacant
Annual
Property tax - $8,450
Insurance $7,000
Hydro (common) - 1,500
Gas - 1,900
Maintenance & Repair - $8,163
Management - $10,204
Photo Gallery
Rent Roll
Unit 1 - 2/1 - $682.91 - Tenanted
Unit 2 - 2/1 - $1400 - Vacant
Unit 3 - 2/1 - $1400 - Vacant
Unit 4 - 1/1 - $1200 - Vacant
Unit 5 - 1/1 - $1200 - Vacant
Unit 6 - 2/1 - $1400 - Vacant
Unit 7 - 2/1 - $1400 - Vacant
Unit 8 - 3/1 - $1600 - Vacant
Unit 9 - 2/1 - $1400 - Vacant
Unit 10 -1/1 - $1200 - Vacant
Unit 11 - 1/1 - $1200 - Vacant
Unit 12 - 1/1 - $1200 - Vacant
Unit 13 - 1/1 - $525 - Tenanted
Unit 14 - 1/1 - $1200 - Vacant
Expenses
Annual
Property tax - $8,450
Insurance $7,000
Hydro (common) - 1,500
Gas - 1,900
Maintenance & Repair - $8,163
Management - $10,204
Call or Email for more information, photos, and showings.
Call or Email for more information, photos, and showings.
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Need Help With Financing?
We specialize in guiding buyers through various financing options, from traditional mortgages to private lenders and custom financing solutions designed to meet specific investment goals. Contact us to discover how Ap1 can assist you in securing the financing necessary to acquire your next investment property.
Need Help With Financing?
We specialize in guiding buyers through various financing options, from traditional mortgages to private lenders and custom financing solutions designed to meet specific investment goals. Contact us to discover how Ap1 can assist you in securing the financing necessary to acquire your next investment property.
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