321 Cathcart St Sault Ste. Marie, Ontario P6A 1E8

2,500 ft2
Boiler

$319,900

This triplex, located in downtown Sault Ste. Marie, offers a solid investment opportunity. It includes two 2-bedroom units and one bachelor unit, all within walking distance to shops, the mall, and groceries. A bus stop is just 20 seconds away, adding further convenience for tenants. The care, management, and renovations over the past five years have enhanced the property, resulting in a gross monthly income of $3,150. The building features a functional layout, large windows, and a shared common area, with a separate entrance to the unfinished basement. There is ample parking with a deep driveway and garage, and on-site laundry adds convenience. With a large home of roughly 2,500 sq. ft., this property generates strong cash flow, making it a great choice for investors seeking reliable returns. (id:61635)

Property Details

MLS® Number SM250779
Property Type Multi-family
Community Name Sault Ste. Marie
Storage Type Storage Shed

Building

Age Over 26 Years
Amenities Laundry Facility
Basement Type Full
Exterior Finish Brick
Foundation Type Stone
Heating Type Boiler
Stories Total 3
Size Interior 2,500 Ft2
Type Multi-family
Utility Water Municipal Water

Parking

Gravel

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 46.0000
Size Irregular 46x106
Size Total Text 46x106|under 1/2 Acre

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