167-173 Gore
| Sault Ste Marie
$899,900.00
Listed 2 months ago
- 9 bed
- 9 bath
- 5000+ sqft
- 9.0 parking
- Multiplex
Instant Estimate
$882,840
-$17,060 compared to list price
Upper range
$1,001,609
Mid range
$882,840
Lower range
$764,071
Property history
- Now
- Listed on Jul 30, 2024
Listed for $899,900.00
72 days on market
- Mar 21, 2024
- 7 months ago
Terminated
Listed for $999,999.00 • 4 months on market
Sold for
Listed for $1,489,900.00 • on market
- Sep 9, 2023
- 1 year ago
Expired
Listed for $1,779,900.00 • 5 months on market
Location & area
Schools nearby
Home Details
- Description
- A prime investment opportunity, this well-maintained building offers close to 9,000 sq. ft. of rentable space. The main floor, currently vacant and zoned commercial, awaits your vision. The second floor features 9 residential 1 bedroom apartments, each generating $1,180/month in rent plus heat and electric. With a current monthly income of $10,620, the property is occupied by quality tenants, fostering a safe and secure community. Recently rebuilt with engineering and city permits, encapsulating masonry, windows, framing, electrical, plumbing, fire-rated drywall, and insulation. The building also features separate meters and minimal maintenance. This property offers security in a highly attractive cap rate alongside robust cash flow. Priced to sell.
- Additional media
- -
- Property taxes
- $17,000.00 per year / $1,416.67 per month
- Basement
- Full
- Year build
- 51-99
- Type
- Multiplex
- Bedrooms
- 9
- Bathrooms
- 9
- Parking spots
- 9.0 Total
- Floor
- -
- Balcony
- -
- Pool
- None
- External material
- Brick
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Baseboard
- Fire place(s)
- N
Listing Brokerage
- MLS® Listing
- X9233421
- Brokerage
- RE/MAX REALTRON REALTY INC.
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