Browse more homes

346 Bruce

Sault Ste. Marie | Sault Ste. Marie

$299,000.00

Listed 3 months ago

  • - bed
  • - bath
  • 3,000 sqft
  • - parking
  • Multi-family

Property history

  • Now
    Listed on Jul 12, 2024

    Listed for $299,000.00

    89 days on market

Location & area

Schools nearby

Home Details

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:39198)
Additional media
-
Property taxes
$4,690.00 per year / $390.83 per month
Basement
Full
Year build
-
Type
Multi-family
Bedrooms
null
Bathrooms
null
Parking spots
Total
Floor
-
Balcony
-
Pool
-
External material
Brick | Vinyl | Siding
Roof type
Flat
Lot frontage
-
Lot depth
-
Heating
Baseboard heaters, Forced air
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    SM241773
    Brokerage
    Century 21 Choice Realty Inc.

    Similar homes for sale

    These homes have similar price range, details and proximity to 346 Bruce