Sault Ste. Marie, Ontario
Also listed as 188 Church St, Sault Ste. Marie, Ontario
188 Church St – Turnkey 5-Plex | 13.1% Cap Rate Excellent opportunity to add a cash-flowing 5-unit investment property to your portfolio. Featuring a strong unit mix of three 1-bedroom units and two 2-bedroom units, this property offers steady rental demand and stable tenancy appeal. Efficient natural gas boiler heat helps maintain predictable operating costs, while the newer detached double garage provides additional income potential through storage or parking rentals. Generating $62,580 gross annual income with a 13.1% cap rate, this is an attractive opportunity for investors seeking strong returns and long-term performance. (id:64869)
188 Church Street is located in Sault Ste. Marie, ON (P6A3H5).
188 Church Street is listed for sale at $369,900.
It is a home built in 1904.
188 Church Street offers approximately 2,750 sq ft of living space.
Annual property taxes are approximately $5,994.
Contact Barbara Beers and the Barbara Beers Real Estate team at +1-905-634-2335 or barbara@barbarabeers.com to book a private showing or request more details.
Estimate only. Does not include property taxes, insurance, or fees. Actual rates may vary. Contact us for personalized mortgage guidance.
Listing Brokerage: Century 21 Choice Realty Inc.
Advertised By: Royal LePage® Burloak Real Estate Services
MLS®, REALTOR®, and associated logos are trademarks of CREA.
City: Sault Ste. Marie
Price: $69,900 - $669,900
Type: Residential