346 Bruce St Sault Ste. Marie, ON P6B 1P7
Listing Courtesy of: CREA - C21 Brokers / Century 21 Choice Realty Inc. Brokerage / Ryan Dodd

  346 Bruce St Sault Ste. Marie, ON P6B 1P7

Active (158 Days)
$289,900

Description

**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:42016)

MLS®:
SM241773
Type
Multifamily
County
Algoma District

Listed By

Ryan Dodd, Century 21 Choice Realty Inc. Brokerage
Source
CREA - C21 Brokers
Last checked Dec 18 2024 at 5:10 AM EST
Bathroom Details
Interior Features
  • Window Air Conditioner
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Baseboard Heaters
Basement Information
  • Full
Exterior Features
  • Siding
  • Vinyl
  • Brick
  • Roof: Flat
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Concrete
  • Gravel
Stories
  • 2
Living Area
  • 3,000 sqft
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 21, 2024
Price Changed
$289,900
-3%
-9,100
Disclaimer: REALTOR.CA 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. Listing Data Last Updated: 12/17/24 21:10