128 Second LIN W, Sault Ste. Marie, Ontario, P6C 2H9

MLS® # SM253131

Investment For Sale In Sault Ste. Marie, Ontario

$949,500

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128 Second Lin W, Sault Ste. Marie, ON - Outdoor

128 Second Lin W, Sault Ste. Marie, ON - Outdoor With Exterior

128 Second Lin W, Sault Ste. Marie, ON - Indoor Photo Showing Other Room

128 Second Lin W, Sault Ste. Marie, ON - Indoor Photo Showing Living Room

128 Second Lin W, Sault Ste. Marie, ON - Indoor Photo Showing Kitchen With Double Sink

128 Second Lin W, Sault Ste. Marie, ON - Indoor

128 Second Lin W, Sault Ste. Marie, ON - Indoor Photo Showing Bedroom

128 Second Lin W, Sault Ste. Marie, ON - Indoor Photo Showing Dining Room

128 Second Lin W, Sault Ste. Marie, ON - Indoor Photo Showing Bathroom

128 Second Lin W, Sault Ste. Marie, ON - Indoor Photo Showing Laundry Room

128 Second Lin W, Sault Ste. Marie, ON - Indoor Photo Showing Basement

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128 Second LIN W, Sault Ste. Marie, Ontario, P6C 2H9

$949,500

Property Information:

Welcome to 128 Second Line West ($949,500), an exceptional multi-unit income property offering immediate cash flow and incredible long-term development potential. This solid six-unit building features four 2-bedroom apartments, one 1-bedroom unit, and one spacious 3-bedroom unit, providing a balanced mix of rental options to attract a variety of tenants. Situated on an impressive 475-foot deep lot, this property opens the door to future possibilities and envision constructing another 6-plex, commercial building, or mixed-use development, subject to city approval. With the 6-plex itself, the groundwork is already laid for success, with a brand-new $43,000 maintenance-free metal roof that was recently installed, ensuring peace of mind for years to come. While some updating would enhance returns and appeal, the fundamentals are rock-solid: strong structure, desirable location, and exceptional land value. Located close to grocery stores, shopping and strip malls, the Beer Store, and countless amenities, tenants enjoy unmatched convenience. This is more than a property, it's an investment in growth, flexibility, and long-term security. Don't miss your chance to add a cornerstone asset to your portfolio. Call for additional information or to book a showing. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Basement Type: Full
Exterior Finish: Brick, Siding
Floor Space: 4352 sqft
Heating Type: Baseboard heaters, Forced air

Property Features:

Property Type: Multi-family
Access Type: Road access
Built in: 1949
Communication Type: High Speed Internet
Community Features: Bus Route
Floor Space (approx): 4352 Square Feet
Lot Frontage: 71.02
Structure Type: Workshop
Utility Type: Natural Gas - Available, Telephone - Available, Hydro - Available, Cable - Available
Sewer: Municipal sewage system