$299,900

Sault Ste. Marie ON, P6A 3G9

MLS® # SM252100

Property Information:

This solid, income-producing triplex was built in 1895 and offers both character and opportunity. The main floor 2-bedroom unit is vacant with new flooring and in-unit laundry – ideal for a buyer who wants to move in or set their own rent. Upstairs are two 1-bedroom units, both currently rented, including one with a long-term tenant. With three separate electrical meters, efficient gas hot water boiler heating and new hot water tanks (2021) this property is set up to run smoothly. Located in a walkable part of the city, just steps from the downtown core and waterfront, it’s a great spot for tenants – there’s even a bus stop right outside. With steady rental income already in place and the ability to set rent on the vacant unit, this property offers a chance to cash flow from day one. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Basement Type: Full
Exterior Finish: Siding
Floor Space: 2565 sqft
Foundation Type: Stone
Heating Type: Boiler

Property Features:

Property Type: Multi-family
Access Type: Road access
Built in: 1895
Communication Type: High Speed Internet
Community Features: Bus Route
Floor Space (approx): 2565 Square Feet
Lot Frontage: 46
Utility Type: Natural Gas - Available, Telephone - Available, Cable - Available, Hydro - Available
Sewer: Municipal sewage system
Parking Type:

Courtesy of: EXP Realty Brokerage

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⚠ Potential Investment Performance

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Market Price Trends

Location of 178 Pim ST, Sault Ste. Marie, Ontario, P6A 3G9

Lifestyle
Neighbourhood

Demographic Information of 178 Pim ST, Sault Ste. Marie, Ontario, P6A 3G9

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$74,745.13

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.12 %

High school certificate or equivalent

34.66 %

Apprenticeship trade certificate/diploma

7.53 %

College/non-university certificate

18.49 %

University certificate (below bachelor)

1.05 %

University Degree

15.17 %

Commuter

Travel To Work

By Car

64.71 %

By Public Transit

7.13 %

By Walking

20.14 %

By Bicycle

0.0 %

By Other Methods

8.02 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.86 %

Houses

25.14 %

Own Vs. Rent