CHARMING MULTI-FAMILY DUPLEX IN SAULT STE. MARIE - PERFECT INVESTMENT OPPORTUNITY!

Asking Price: $279,900
470 Wellington St E Sault Ste. Marie, ON Canada

About 470 Wellington St E:

Welcome to your new investment property located in the charming community of Sault Ste. Marie in Ontario, Canada. This multi-family duplex is the perfect opportunity for investors looking to expand their portfolio or for those looking to live in one unit and rent out the other for passive income.

Situated on a spacious lot measuring 39.9x119.7, this property boasts a comfortable living space of 2190 square feet spread over two storeys. The age of the building is unknown, but it has been well-maintained and updated over the years to provide modern conveniences while preserving its classic charm.

Annual property taxes for this property are a modest $1,763.98 CAD, making it an affordable investment choice. The parking area is gravel and includes ample space for multiple vehicles, including a parking area that is available for guests.

The interior of this duplex is sure to impress with its full basement that provides ample storage space for both units. The foundation is made of stone, providing a sturdy and durable structure for the building. Each unit has a living area of 1095 square feet, featuring two bedrooms, one bathroom, a living room, and a kitchen. The open-concept design of the living area creates a warm and welcoming atmosphere that is perfect for entertaining guests.

Heating is provided by a boiler system, which ensures that the temperature is comfortable all year round. The utilities available for this property include cable, electricity, natural gas, and telephone, making it easy to stay connected to the outside world. High-speed internet is also available, allowing tenants to work from home or stream their favorite shows with ease.

The municipal sewage system and municipal water supply ensure that both units have access to clean and reliable water and sewer services. The exterior of this duplex is finished with aluminum siding, which is both low-maintenance and durable. A storage shed is also available, providing additional storage space for tenants.

Located in the bustling community of Sault Ste. Marie, this duplex is in an ideal location for tenants to enjoy all the amenities that the city has to offer. The community is well-serviced by a bus route, making it easy for tenants to get around town without needing a car.

Don't miss out on this excellent investment opportunity! Contact us to schedule a viewing of this multi-family duplex in Sault Ste. Marie, Ontario. With its spacious lot, convenient location, and comfortable living space, this property is sure to attract high-quality tenants and provide excellent returns for investors.

This property also matches your preferences:

Features of Property

Type of Real Estate

Multi-family

Type of Building

Duplex

Floors

2

Square Footage

2190

Community Name

Sault Ste. Marie

Land Size

39.9x119.7|under 1/2 acre

Age Of Building

Age is unknown

Annual Property Taxes

$1,763.98 (CAD)

Parking Type

Gravel, See Remarks

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Features of Building

Interior Features
Basement Type

Full

Building Features
Foundation

Stone

Square Footage

2190

Storage

Storage Shed

Heating & Cooling
Heating System

Boiler

Utilities
Utility Type

Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available)

Utility Communications

High Speed Internet

Utility Sewer

Municipal sewage system

Water

Municipal water

Exterior Features
Exterior Finish

Aluminum siding

Neighbourhood Features
Community

Bus Route

Parking
Parking Type

Gravel, See Remarks

Plot Details

Lot Features
Frontage

39.9000

Property Agent

Mike Nystedt

Exit Realty Lake Superior

207 Northern Ave E - Suite 1, SAULT STE. MARIE, Ontario P6B4H9