Property
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+24 more
$415,000

Address unavailable

Sault Ste. Marie, Ontario, P6A3H5

Active
2,750
Sq Ft
1904
Year Built

About This Property

This multi-family in Sault Ste. Marie offers 2,750 sq ft of living space. Built in 1904. The home features radiant/infra-red heat, boiler heating, a full basement.

MLS Remarks

188 Church St – 5-Plex | Strong 11.7% Cap Rate Turnkey 5-unit investment property featuring three 1-bed units and two 2-bed units in a high-demand rental area. Efficient natural gas boiler keeps operating costs predictable. A newer detached double garage adds extra revenue potential through parking or storage rentals. A solid, cash-flowing investment offering a strong 11.7% cap rate and reliable tenant appeal. (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #SM253301
Year Built1904

Interior

HeatingRadiant/Infra-red Heat, Boiler
BasementFull

Exterior

Exterior FeaturesSteel, Brick

Fees & Taxes

Annual Taxes$5,993.6

Listing Information

MLS#: SM253301


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$83,000
5%20%50%
Estimated Monthly Payment
$1,845
/month
Mortgage
$332,000
Total Interest
$221,609

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$4,775
Total Due on Closing$4,775

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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