324 Korah RD, Sault Ste. Marie, Ontario, CA

Address: 324 Korah RD, Sault Ste. Marie, Ontario

0 Beds0 Baths2400 sqftStatus: Buy
Price $649,900

Property Overview


Here’s the value-add investment opportunity you’ve been waiting for. This solid, purpose-built brick 4-plex is located in a desirable west end neighbourhood close to Market Mall, public transit, and all amenities. The building features four self-contained units, including three spacious 2-bedroom units and one spacious 3-bedroom unit. Each unit is separately metered with five hydro meters in the building, allowing tenants to pay their own power and keeping your operating costs down. Additional income potential comes from the on-site coin laundry, and each unit benefits from individual storage. Most of the units have already been updated with new flooring, doors, trim, and paint. The building offers secure front and rear entrances and ample parking for tenants. What truly sets this property apart is that three of the four units are currently vacant, giving you a rare chance to set your own rents at current market value from day one. Whether you’re a seasoned investor looking to expand your portfolio, or a new buyer seeking a strong income-generating asset with upside, this property offers the flexibility, location, and potential to deliver solid returns. Don’t miss out on this rare opportunity in a tight rental market. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Storeys
1
Square Footage
2400 sqft
Community Name
Sault Ste. Marie
Land Size
under 1/2 acre
Built in
1979
Building
Interior Features
Basement Type
Full
Building Features
Features
Corner Site
Foundation Type
Concrete Perimeter
Square Footage
2400 sqft
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Features
           Corner Site
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Your Home Finance Calculation

Property Price CA $649,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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